The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support at 0.000017860 is expected.
Caution: A possible change in the direction of the resistance line at 0.000019000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000019450 |
2nd High | 0.000019190 |
Next High | 0.000019000 |
Current Price | 0.000017560 |
Next Low | 0.000017860 |
2nd Low | 0.000017750 |
3rd Low | 0.000017040 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down