PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.000020340 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000022180 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Falling Window’ candle pattern is discovered. The chart shows ‘Falling Window’. 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 likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) & 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024000 |
| 2nd High | 0.000022900 |
| Next High | 0.000022180 |
| Current Price | 0.000021150 |
| Next Low | 0.000020340 |
| 2nd Low | 0.000020190 |
| 3rd Low | 0.000018850 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Falling Window