The combination Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000009760 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000010020 could happen.
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 detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010260 |
| 2nd High | 0.000010060 |
| Next High | 0.000010020 |
| Current Price | 0.000009840 |
| Next Low | 0.000009760 |
| 2nd Low | 0.000009490 |
| 3rd Low | 0.000009430 |
0.000010020 – 0.000010060 – 0.000010260 – 0.000009760 – 0.000009490 – 0.000009910 — 47.706274421223 – 42.798364526991
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –