PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.000018940 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000020330 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘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 | 0.000022340 |
| 2nd High | 0.000020760 |
| Next High | 0.000020330 |
| Current Price | 0.000019930 |
| Next Low | 0.000018940 |
| 2nd Low | 0.000017960 |
| 3rd Low | 0.000017290 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing