The currency pair Pepe/Tether (PEPE/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000020340 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000022230 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Falling Window’ candlestick pattern is found. The chart shows ‘Falling Window’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ going down is 67% (Bull Market) & 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000022900 |
2nd High | 0.000022400 |
Next High | 0.000022230 |
Current Price | 0.000021220 |
Next Low | 0.000020340 |
2nd Low | 0.000020320 |
3rd Low | 0.000020190 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Falling Window