And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A descent down to the next support line at is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000014750 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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 | 0.000011900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014750 – 0.000014330 – 0.000013370 – 0.000011780 – 0.000012650 – 0.000011660 — 36.840649585432 – 33.994160446046
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –