PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support at 0.000019680 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000021790 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000021840 |
| Next High | 0.000021790 |
| Current Price | 0.000021770 |
| Next Low | 0.000019680 |
| 2nd Low | 0.000018850 |
| 3rd Low | 0.000018040 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing