The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A descent downwards to the next support at 0.000010960 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000011240 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this 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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012150 |
| 2nd High | 0.000011660 |
| Next High | 0.000011240 |
| Current Price | 0.000012300 |
| Next Low | 0.000010960 |
| 2nd Low | 0.000010590 |
| 3rd Low | 0.000009960 |
0.000011240 – 0.000011000 – 0.000010620 – 0.000010960 – 0.000010590 – 0.000009960 — 63.557424440537 – 61.321594001365
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – – –