Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support line at 0.000011180 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000011620 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading 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 – –