The combination Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011640 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011760 |
| 2nd High | 0.000011660 |
| Next High | 0.000011640 |
| Current Price | 0.000011330 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000011640 – 0.000011660 – 0.000011200 – 0.000011210 – 0.000010710 – 0.000010730 — 44.49480074397 – 42.285489175774
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – – –