Sell PEPE/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.000018030 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000024620 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Evening Star’ candlestick chart pattern is discovered. The chart shows ‘Evening Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000024990
2nd High 0.000024720
Next High 0.000024620
Current Price 0.000017250
Next Low 0.000018030
2nd Low 0.000017960
3rd Low 0.000017360

Download PEPE/USDT Signal Image

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