PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at 0.000009630 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000010270 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010790 |
| Next High | 0.000010270 |
| Current Price | 0.000009640 |
| Next Low | 0.000009630 |
| 2nd Low | 0.000009460 |
| 3rd Low | 0.000009070 |
0.000010270 – 0.000010790 – 0.000009990 – 0.000009630 – 0.000009880 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down – Double bottom retreat down