The currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support at 0.000012100 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000012690 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013270 |
| Next High | 0.000012690 |
| Current Price | 0.000012650 |
| Next Low | 0.000012100 |
| 2nd Low | 0.000012080 |
| 3rd Low | 0.000011840 |
0.000012690 – 0.000012660 – 0.000012420 – 0.000012100 – 0.000012080 – 0.000011840
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Two Crows –