The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support at 0.000020020 will persist.
Caution: A possible change in the direction of the resistance zone at 0.000021170 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Harami’ chart pattern is detected. The candles show ‘Bearish Harami’. 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 success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024620 |
2nd High | 0.000021850 |
Next High | 0.000021170 |
Current Price | 0.000020440 |
Next Low | 0.000020020 |
2nd Low | 0.000019190 |
3rd Low | 0.000019070 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Harami