Sell PEPE/USDT – 1H – SELL

The combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards

A bearish trend down to the next support level at 0.000017200 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000019450 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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

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