The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support line at 0.000017160 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000018780 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative signal. 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 | 0.000019540 |
2nd High | 0.000019450 |
Next High | 0.000018780 |
Current Price | 0.000017230 |
Next Low | 0.000017160 |
2nd Low | 0.000016680 |
3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing