The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support level at 0.000020070 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000023440 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000025970 |
Next High | 0.000023440 |
Current Price | 0.000020650 |
Next Low | 0.000020070 |
2nd Low | 0.000012340 |
3rd Low | 0.000011860 |