The pair Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000012430 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
In addition a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.
In addition a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012660 |
| 2nd High | 0.000012650 |
| Next High | 0.000012430 |
| Current Price | 0.000011540 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012430 – 0.000012180 – 0.000012650 – 0.000011440 – 0.000011880 – 0.000011790 — 38.794517158453 – 35.471040968604
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –