PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support level at 0.000012480 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000013620 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015230 |
| 2nd High | 0.000015120 |
| Next High | 0.000013620 |
| Current Price | 0.000012800 |
| Next Low | 0.000012480 |
| 2nd Low | 0.000011390 |
| 3rd Low | 0.000011290 |
0.000013620 – 0.000012930 – 0.000012050 – 0.000012480 – 0.000011390 – 0.000011290
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Two Crows