PEPE/USDT – 30M – SELLThe combination Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.000017900 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000018860 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Bearish Engulfing’ candlestick pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative signal. 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 | 0.000024720 |
| 2nd High | 0.000024620 |
| Next High | 0.000018860 |
| Current Price | 0.000018300 |
| Next Low | 0.000017900 |
| 2nd Low | 0.000017380 |
| 3rd Low | 0.000017230 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing