The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support at 0.000019270 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000020330 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021220 |
2nd High | 0.000020760 |
Next High | 0.000020330 |
Current Price | 0.000019470 |
Next Low | 0.000019270 |
2nd Low | 0.000017960 |
3rd Low | 0.000017360 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows