PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.000009430 is certain.
Caution: A possible change in the direction of the resistance zone at 0.000010270 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
In addition a ‘Collapsing Doji Star’ candle chart pattern is detected. The candles show ‘Collapsing Doji Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010790 |
| Next High | 0.000010270 |
| Current Price | 0.000009560 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010270 – 0.000010790 – 0.000009990 – 0.000009430 – 0.000009630 – 0.000009880
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Collapsing Doji Star –