The combination Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000011840 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000012420 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. 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 ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000013270 |
| Next High | 0.000012420 |
| Current Price | 0.000012130 |
| Next Low | 0.000011840 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000012420 – 0.000012310 – 0.000013270 – 0.000011840 – 0.000012000 – 0.000012400
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows –