The pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000018800 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000020850 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.959E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000020850 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 | 0.000024000 |
2nd High | 0.000022770 |
Next High | 0.000020850 |
Current Price | 0.000019410 |
Next Low | 0.000018800 |
2nd Low | 0.000012340 |
3rd Low | 0.000011860 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows