PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support line at 0.000020220 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.000021300 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Engulfing’ candlestick pattern is discovered. 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 probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000022340 |
| Next High | 0.000021300 |
| Current Price | 0.000021010 |
| Next Low | 0.000020220 |
| 2nd Low | 0.000019500 |
| 3rd Low | 0.000018940 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing