The currency pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000010780 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010850 |
| 2nd High | 0.000010840 |
| Next High | 0.000010780 |
| Current Price | 0.000010710 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000010780 – 0.000010840 – 0.000010850 – 0.000010660 – 0.000010540 – 0.000010650 — 51.936429787965 – 48.816131340867
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Double top retreat up – –