There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.000012650 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000014750 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black 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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014750 |
| Current Price | 0.000013120 |
| Next Low | 0.000012650 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009430 |
0.000014750 – 0.000014330 – 0.000013370 – 0.000012650 – 0.000011660 – 0.000009430
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –