PEPE/USDT – 4H – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 0.000016680 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000019540 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000028360 |
| 2nd High | 0.000024720 |
| Next High | 0.000019540 |
| Current Price | 0.000018180 |
| Next Low | 0.000016680 |
| 2nd Low | |
| 3rd Low |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down