Sell PEPE/USDT – 30M – SELL

The currency pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline downwards

The bearish trend down to the next support level at 0.000020220 is expected.

Caution: A possible change in the direction of resistance at 0.000021300 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Bearish Engulfing’ candle pattern is discovered. The candles form ‘Bearish Engulfing’. which is a negative pattern signal. The 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 0.000022770
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

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