The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.000012480 is expected.
Caution: A possible change in the direction of the resistance line at 0.000015120 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015920 |
| 2nd High | 0.000015230 |
| Next High | 0.000015120 |
| Current Price | 0.000013530 |
| Next Low | 0.000012480 |
| 2nd Low | 0.000011950 |
| 3rd Low | 0.000011660 |
0.000013070 – 0.000012900 – 0.000012300 – 0.000012480 – 0.000011950 – 0.000011660
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows – Triple bottom chart pattern