Sell PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at 0.000020220 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000021300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Engulfing’ candlestick pattern is found. The chart forms ‘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 chance 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

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