PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 0.000020000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000022340 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Engulfing’ candlestick pattern is detected. The chart shows ‘Bearish Engulfing’. this 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 | 0.000024000 |
| 2nd High | 0.000022770 |
| Next High | 0.000022340 |
| Current Price | 0.000020250 |
| Next Low | 0.000020000 |
| 2nd Low | 0.000019680 |
| 3rd Low | 0.000018040 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing