The currency pair Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000009960 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000012660 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013150 |
| Next High | 0.000012660 |
| Current Price | 0.000012420 |
| Next Low | 0.000009960 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009690 |
0.000012660 – 0.000010690 – 0.000010770 – 0.000009960 – 0.000009860 – 0.000010040 — 65.519649435603 – 62.868978020451
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Triple bottom chart pattern – –