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
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing