PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support line at 0.000017200 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000019450 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000019540 |
| Next High | 0.000019450 |
| Current Price | 0.000017380 |
| Next Low | 0.000017200 |
| 2nd Low | 0.000016680 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down