The pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support at 0.000010780 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000011330 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Inside Down’ candlestick chart pattern is existing. The candles show ‘Three Inside Down’. 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 Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012690 |
| Next High | 0.000011330 |
| Current Price | 0.000011250 |
| Next Low | 0.000010780 |
| 2nd Low | 0.000010520 |
| 3rd Low | 0.000009960 |
0.000011330 – 0.000011110 – 0.000010960 – 0.000010780 – 0.000010520 – 0.000010810 — 58.022463000614 – 50.04102806308
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –