The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support line at 0.000017450 will persist.
Caution: A possible change in the direction of resistance at 0.000019000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000019450 |
2nd High | 0.000019190 |
Next High | 0.000019000 |
Current Price | 0.000017920 |
Next Low | 0.000017450 |
2nd Low | 0.000017040 |
3rd Low | 0.000016680 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows