Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.000011210 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000011640 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Inside Down’ candle chart pattern is existing. The chart shows ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012700 |
| 2nd High | 0.000011660 |
| Next High | 0.000011640 |
| Current Price | 0.000011330 |
| Next Low | 0.000011210 |
| 2nd Low | 0.000010710 |
| 3rd Low | 0.000010600 |
0.000011640 – 0.000011660 – 0.000011200 – 0.000011210 – 0.000010710 – 0.000010600 — 53.018497386852 – 47.72360553481
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –