Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.904E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000021220 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000022770 |
2nd High | 0.000022340 |
Next High | 0.000021220 |
Current Price | 0.000019630 |
Next Low | 0.000019040 |
2nd Low | 0.000018850 |
3rd Low | 0.000018040 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing