The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.000009140 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000009950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Moreover a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. this is a bearish signal. The currency 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 | 0.000010060 |
| 2nd High | 0.000010020 |
| Next High | 0.000009950 |
| Current Price | 0.000009650 |
| Next Low | 0.000009140 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000009950 – 0.000010020 – 0.000010060 – 0.000009140 – 0.000009370 – 0.000009760 — 54.030924469851 – 51.711271005669
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – – –