Also there is a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 0.000009370 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000011660 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013150 |
| 2nd High | 0.000012700 |
| Next High | 0.000011660 |
| Current Price | 0.000009730 |
| Next Low | 0.000009370 |
| 2nd Low | 0.000009140 |
| 3rd Low |
0.000011660 – 0.000012700 – 0.000010840 – 0.000010560 – 0.000009370 – 0.000009140 — 27.854630155949 – 22.431943573505
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double top chart pattern – –