The currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.000009810 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000011700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black 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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012690 |
| Next High | 0.000011700 |
| Current Price | 0.000009710 |
| Next Low | 0.000009810 |
| 2nd Low | 0.000009430 |
| 3rd Low | 0.000009070 |
0.000011700 – 0.000011550 – 0.000012690 – 0.000009810 – 0.000010020 – 0.000010520 — 33.766877696304 – 31.222087680421
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –