In addition a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support level at 0.000012650 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000014750 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.
In addition a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014750 |
| Current Price | 0.000013120 |
| Next Low | 0.000012650 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009430 |
0.000014750 – 0.000014330 – 0.000013370 – 0.000012650 – 0.000011660 – 0.000009430
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –