The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.000017380 will continue.
Caution: A possible change in the direction of resistance at 0.000019540 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024720 |
2nd High | 0.000024620 |
Next High | 0.000019540 |
Current Price | 0.000018590 |
Next Low | 0.000017380 |
2nd Low | 0.000017200 |
3rd Low | 0.000016680 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing