The pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.000011070 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000012430 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012660 |
| 2nd High | 0.000012650 |
| Next High | 0.000012430 |
| Current Price | 0.000012070 |
| Next Low | 0.000011070 |
| 2nd Low | 0.000009960 |
| 3rd Low | 0.000009860 |
0.000012430 – 0.000012650 – 0.000012660 – 0.000011070 – 0.000011790 – 0.000009960 — 62.626543214753 – 59.161198858928
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –