PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 0.000017040 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000019190 could occur.
Consider stop-loss settings accordingly.
Next a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019540 |
| 2nd High | 0.000019450 |
| Next High | 0.000019190 |
| Current Price | 0.000018080 |
| Next Low | 0.000017040 |
| 2nd Low | 0.000016680 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing