Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 0.000011180 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000011620 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012690 |
| 2nd High | 0.000011700 |
| Next High | 0.000011620 |
| Current Price | 0.000011200 |
| Next Low | 0.000011180 |
| 2nd Low | 0.000010970 |
| 3rd Low | 0.000009810 |
0.000011620 – 0.000011700 – 0.000010530 – 0.000011180 – 0.000010970 – 0.000009810 — 52.792522634946 – 44.632521513287
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –