PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support level at 0.000020220 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000021300 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. 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 | 0.000022340 |
| Next High | 0.000021300 |
| Current Price | 0.000021010 |
| Next Low | 0.000020220 |
| 2nd Low | 0.000019500 |
| 3rd Low | 0.000018940 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing