The currency pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000010020 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000010730 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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 | 0.000010880 |
| 2nd High | 0.000010850 |
| Next High | 0.000010730 |
| Current Price | 0.000010460 |
| Next Low | 0.000010020 |
| 2nd Low | 0.000009960 |
| 3rd Low | 0.000009860 |
0.000010730 – 0.000010850 – 0.000010880 – 0.000010020 – 0.000010130 – 0.000010360 — 46.071184703871 – 43.777926267762
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –