PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000017750 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000019190 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Inside Down’ candlestick chart pattern is existing. The candles show ‘Three Inside 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 probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019540 |
| 2nd High | 0.000019450 |
| Next High | 0.000019190 |
| Current Price | 0.000017800 |
| Next Low | 0.000017750 |
| 2nd Low | 0.000017040 |
| 3rd Low | 0.000016680 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Inside Down