The combination Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.000010350 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010700 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011480 |
| 2nd High | 0.000010840 |
| Next High | 0.000010700 |
| Current Price | 0.000010610 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000010140 |
| 3rd Low | 0.000009540 |
0.000010700 – 0.000010680 – 0.000010840 – 0.000010350 – 0.000010140 – 0.000009540 — 54.099757710622 – 52.258325794302
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Double bottom chart pattern – –