PEPE/USDT – 4H – SELLThe currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A descent downwards to the next support line at 0.000009650 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000013620 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle chart pattern is found. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000013620 |
| Current Price | 0.000009500 |
| Next Low | 0.000009650 |
| 2nd Low | 0.000007960 |
| 3rd Low | 0.000005710 |
0.000013620 – 0.000012960 – 0.000015120 – 0.000009650 – 0.000010500 – 0.000010370
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows