The pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.000011070 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000012660 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014750 |
| 2nd High | 0.000013150 |
| Next High | 0.000012660 |
| Current Price | 0.000011310 |
| Next Low | 0.000011070 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009430 |
0.000012660 – 0.000011660 – 0.000013150 – 0.000011070 – 0.000009860 – 0.000011780 — 48.11306681399 – 40.455909123299
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double bottom retreat down – –