Sell PEPE/USDT – 1H – SELL

The pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 0.000018040 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000021840 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bearish Engulfing’ candle pattern is discovered. The candles show ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000024000
2nd High 0.000022770
Next High 0.000021840
Current Price 0.000021320
Next Low 0.000018040
2nd Low 0.000012340
3rd Low 0.000011410

Download PEPE/USDT Signal Image

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