PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.000018040 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000021700 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Bearish Engulfing’ candle chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 0.000021700 |
| Current Price | 0.000021140 |
| Next Low | 0.000018040 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011410 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing