PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.0E-5 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.36E-6 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.0E-5 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.0E-5 |
| Current Price | 0.000004870 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.0E-5 – 1.0E-5 – 1.0E-5 – 0 – 0 – 0 —
0.000004990 – 0.000005110 —
40.324036776395 – 61.04743057136 —
– —
0.00001 – 1769477400
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Double top chart pattern – –