Furthermore a ‘Double top chart pattern’ chart pattern is existing. The chart picture shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support level at 0.000009910 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000010260 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The 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 | 0.000010300 |
| 2nd High | 0.000010280 |
| Next High | 0.000010260 |
| Current Price | 0.000009950 |
| Next Low | 0.000009910 |
| 2nd Low | 0.000009850 |
| 3rd Low | 0.000009740 |
0.000010260 – 0.000010280 – 0.000010300 – 0.000009910 – 0.000010080 – 0.000009950 — 41.051959722439 – 34.073499504605
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double top chart pattern – –