The combination Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.000022820 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000024720 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ chart pattern is detected. The candles show ‘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 success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000025200 |
2nd High | 0.000024990 |
Next High | 0.000024720 |
Current Price | 0.000023350 |
Next Low | 0.000022820 |
2nd Low | 0.000022590 |
3rd Low | 0.000021620 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows