Sell PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support at 0.000020260 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000021100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. 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 0.000021850
2nd High 0.000021390
Next High 0.000021100
Current Price 0.000020520
Next Low 0.000020260
2nd Low 0.000020020
3rd Low 0.000019190

Download PEPE/USDT Signal Image

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