Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.000010710 is expected.
Caution: A possible change in the direction of resistance at 0.000011640 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012700 |
| 2nd High | 0.000011660 |
| Next High | 0.000011640 |
| Current Price | 0.000010760 |
| Next Low | 0.000010710 |
| 2nd Low | 0.000010600 |
| 3rd Low | 0.000010560 |
0.000011640 – 0.000011660 – 0.000011200 – 0.000011210 – 0.000010710 – 0.000010600 — 37.22734332141 – 33.027126048579
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –