Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000014750 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016110 |
| 2nd High | 0.000015120 |
| Next High | 0.000014750 |
| Current Price | 0.000011900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014750 – 0.000014330 – 0.000013370 – 0.000011780 – 0.000012650 – 0.000011660 — 36.840649585432 – 33.994160446046
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –