PEPE/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A descending movement downwards to the next support at 0.000009910 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000010280 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Matching Low’ candle chart pattern is found. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000010280 – 0.000010300 – 0.000011480 – 0.000009910 – 0.000009950 – 0.000009570 — 51.073121283451 – 50.418054583999

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –