The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support at 0.000021100 is expected.
Caution: A possible change in the direction of the resistance level at 0.000028360 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.333E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.000028360 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘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 | |
2nd High | |
Next High | 0.000028360 |
Current Price | 0.000023090 |
Next Low | 0.000021100 |
2nd Low | 0.000020340 |
3rd Low | 0.000020320 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows