Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support at 0.000009910 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000010280 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010300 |
| Next High | 0.000010280 |
| Current Price | 0.000010180 |
| Next Low | 0.000009910 |
| 2nd Low | 0.000009570 |
| 3rd Low | 0.000009430 |
0.000010280 – 0.000010300 – 0.000011480 – 0.000009910 – 0.000009950 – 0.000009570 — 53.08504907139 – 53.08504907139
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –