The combination Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.000018620 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000019540 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Evening Star’ chart pattern is found. The candles form ‘Evening Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024720 |
2nd High | 0.000024620 |
Next High | 0.000019540 |
Current Price | 0.000019160 |
Next Low | 0.000018620 |
2nd Low | 0.000018010 |
3rd Low | 0.000017900 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Evening Star