The currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A bearish movement down to the next support at 0.000012480 will persist.
Caution: A possible change in the direction of the resistance zone at 0.000013370 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000013620 |
| Next High | 0.000013370 |
| Current Price | 0.000013100 |
| Next Low | 0.000012480 |
| 2nd Low | 0.000011950 |
| 3rd Low | 0.000011660 |
0.000013070 – 0.000012900 – 0.000012300 – 0.000012480 – 0.000011950 – 0.000011660
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Two Crows –