PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support at 0.000020220 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021300 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Engulfing’ candle pattern is found. 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 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