The currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000011040 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000011620 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.
Then a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The 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 | 0.000013150 |
| 2nd High | 0.000012150 |
| Next High | 0.000011620 |
| Current Price | 0.000010980 |
| Next Low | 0.000011040 |
| 2nd Low | 0.000009710 |
| 3rd Low | 0.000009690 |
0.000011620 – 0.000012150 – 0.000013150 – 0.000011040 – 0.000011240 – 0.000011660 — 37.975535685052 – 30.530547001086
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –