Sell PEPE/USDT – 1H – SELL

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

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