The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.000017960 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000024620 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2.4155E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.000024620 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Falling Window’ candlestick pattern is discovered. The chart forms ‘Falling Window’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ going down is 67% (Bull Market) & 73% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024990 |
2nd High | 0.000024720 |
Next High | 0.000024620 |
Current Price | 0.000018270 |
Next Low | 0.000017960 |
2nd Low | 0.000017290 |
3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Falling Window