The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0.000017040 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000019450 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024620 |
2nd High | 0.000019540 |
Next High | 0.000019450 |
Current Price | 0.000018180 |
Next Low | 0.000017040 |
2nd Low | 0.000016680 |
3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows