And also a ‘Double bottom retreat down’ chart pattern is discovered. The chart forms ‘Double bottom retreat down’. this is a bearish pattern signal. The pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support line at is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000010280 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
And also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010300 |
| Next High | 0.000010280 |
| Current Price | 0.000009950 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010280 – 0.000010300 – 0.000011480 – 0.000009910 – 0.000009950 – 0.000009570 — 44.858416825002 – 39.597308394876
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double bottom retreat down – –