Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A descent downwards to the next support line at 0.000013510 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000014180 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.347E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000014180 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000014750 |
| Next High | 0.000014180 |
| Current Price | 0.000013610 |
| Next Low | 0.000013510 |
| 2nd Low | 0.000013470 |
| 3rd Low | 0.000012840 |
0.000014180 – 0.000014750 – 0.000014540 – 0.000013510 – 0.000013470 – 0.000013640
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –