And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at 0.000010350 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010840 |
| Next High | 0.000010700 |
| Current Price | 0.000010630 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000010140 |
| 3rd Low | 0.000009540 |
0.000010700 – 0.000010680 – 0.000010840 – 0.000010350 – 0.000010140 – 0.000009540 — 56.006755677138 – 53.146708433811
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – – Rising Wedge Chart Pattern – –