PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.000018300 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000020560 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021220 |
| 2nd High | 0.000020590 |
| Next High | 0.000020560 |
| Current Price | 0.000019290 |
| Next Low | 0.000018300 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011860 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing