The pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.000012470 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000012780 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014180 |
| 2nd High | 0.000013050 |
| Next High | 0.000012780 |
| Current Price | 0.000012590 |
| Next Low | 0.000012470 |
| 2nd Low | 0.000011780 |
| 3rd Low | 0.000011660 |
0.000012780 – 0.000012740 – 0.000012670 – 0.000012470 – 0.000011780 – 0.000011890 — 54.349499850834 – 52.599607781714
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern –