The pair Pepe/Tether (PEPE/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.000012340 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000012780 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Moreover a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012780 |
| Current Price | 0.000012590 |
| Next Low | 0.000012340 |
| 2nd Low | 0.000011780 |
| 3rd Low | 0.000011660 |
0.000012780 – 0.000012740 – 0.000012670 – 0.000012340 – 0.000012470 – 0.000011780 — 55.11059953267 – 50.263678657082
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern –