Sell PEPE/USDT – 4H – SELL

The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.

The bearish trend down to the next support at 0.000016680 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000019540 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000028360
2nd High 0.000024720
Next High 0.000019540
Current Price 0.000017380
Next Low 0.000016680
2nd Low
3rd Low

Download PEPE/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals