The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000009960 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000010850 could occur.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 1.036E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000010850 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011550 |
| 2nd High | 0.000010880 |
| Next High | 0.000010850 |
| Current Price | 0.000010310 |
| Next Low | 0.000009960 |
| 2nd Low | 0.000009860 |
| 3rd Low | 0.000009710 |
0.000010850 – 0.000010880 – 0.000011550 – 0.000010360 – 0.000010550 – 0.000011040 — 41.290327272991 – 40.041758295348
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double top chart pattern – –