Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support level at 0.000013510 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000014180 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.347E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000014180 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015120 |
| 2nd High | 0.000014750 |
| Next High | 0.000014180 |
| Current Price | 0.000013610 |
| Next Low | 0.000013510 |
| 2nd Low | 0.000013470 |
| 3rd Low | 0.000012840 |
0.000014180 – 0.000014750 – 0.000014540 – 0.000013510 – 0.000013470 – 0.000013640
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –