PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support line at 0.000019590 is likely expected.
Caution: A possible change in the direction of resistance at 0.000022770 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000025970 |
| 2nd High | 0.000024000 |
| Next High | 0.000022770 |
| Current Price | 0.000019860 |
| Next Low | 0.000019590 |
| 2nd Low | 0.000019430 |
| 3rd Low | 0.000018800 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing