PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.000017960 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000020760 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022340 |
| 2nd High | 0.000021220 |
| Next High | 0.000020760 |
| Current Price | 0.000019740 |
| Next Low | 0.000017960 |
| 2nd Low | 0.000017360 |
| 3rd Low | 0.000017290 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing