PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.000010690 is certain.
Caution: A possible change in the direction of resistance at 0.000011150 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011310 |
| 2nd High | 0.000011190 |
| Next High | 0.000011150 |
| Current Price | 0.000010560 |
| Next Low | 0.000010690 |
| 2nd Low | 0.000010500 |
| 3rd Low | 0.000010370 |
0.000011150 – 0.000011190 – 0.000011310 – 0.000010690 – 0.000011040 – 0.000010500
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Two Crows