Moreover a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support at 0.000011000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000011660 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Moreover a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011660 |
| Current Price | 0.000010990 |
| Next Low | 0.000011000 |
| 2nd Low | 0.000010700 |
| 3rd Low | 0.000009710 |
0.000011660 – 0.000011560 – 0.000011620 – 0.000011000 – 0.000010700 – 0.000011040 — 33.81856615656 – 32.163537553888
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –