The combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline downwards
A descent downwards to the next support line at 0.000011950 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000014180 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair could go down.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.219E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.000014180 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000014750 |
| Next High | 0.000014180 |
| Current Price | 0.000011970 |
| Next Low | 0.000011950 |
| 2nd Low | 0.000011660 |
| 3rd Low | 0.000009710 |
0.000014180 – 0.000014750 – 0.000014540 – 0.000012190 – 0.000013510 – 0.000013470
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – – Double top chart pattern –