The currency pair Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.000009970 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000011080 |
| Next High | 0.000010300 |
| Current Price | 0.000010060 |
| Next Low | 0.000009970 |
| 2nd Low | 0.000009850 |
| 3rd Low | 0.000009740 |
0.000010300 – 0.000010130 – 0.000009940 – 0.000009970 – 0.000009850 – 0.000009740 — 48.354502487308 – 44.252157370505
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –