The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A descent downwards to the next support at 0.000010030 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010300 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. 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 | 0.000011480 |
| 2nd High | 0.000011080 |
| Next High | 0.000010300 |
| Current Price | 0.000010070 |
| Next Low | 0.000010030 |
| 2nd Low | 0.000009970 |
| 3rd Low | 0.000009850 |
0.000010300 – 0.000010130 – 0.000009940 – 0.000010030 – 0.000009970 – 0.000009850 — 47.244480902624 – 44.660119195581
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – – –