The combination Pepe/Tether (PEPE/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.000009490 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000010080 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010280 |
| 2nd High | 0.000010260 |
| Next High | 0.000010080 |
| Current Price | 0.000009930 |
| Next Low | 0.000009490 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000010080 – 0.000010260 – 0.000010280 – 0.000009490 – 0.000009910 – 0.000010080 — 65.0412255876 – 59.284590814226
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – – –