PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.000017230 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000018440 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ candle chart pattern is existing. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024720 |
| 2nd High | 0.000024620 |
| Next High | 0.000018440 |
| Current Price | 0.000017980 |
| Next Low | 0.000017230 |
| 2nd Low | 0.000017200 |
| 3rd Low | 0.000016680 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing