PEPE/USDT – 30M – SELLThe combination Pepe/Tether (PEPE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000020220 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000021300 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Engulfing’ chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.000020530 |
| 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