The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support at 0.000010700 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011660 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011660 |
| Current Price | 0.000010930 |
| Next Low | 0.000010700 |
| 2nd Low | 0.000009690 |
| 3rd Low | 0.000009430 |
0.000011660 – 0.000011620 – 0.000012150 – 0.000010700 – 0.000011240 – 0.000012340 — 34.184791825174 – 33.033917222833
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double top chart pattern –