The currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000012780 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Furthermore a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012780 |
| Current Price | 0.000012520 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012780 – 0.000012740 – 0.000012670 – 0.000012340 – 0.000012470 – 0.000011780 — 47.36398157612 – 43.997665446789
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern –