The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.000017300 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000021390 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Tweezers Top’ chart pattern is existing. The chart shows ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024620 |
2nd High | 0.000021850 |
Next High | 0.000021390 |
Current Price | 0.000017620 |
Next Low | 0.000017300 |
2nd Low | 0.000017040 |
3rd Low | 0.000016680 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Tweezers Top