PEPE/USDT – 4H – SELLThe pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
The bearish trend down to the next support at 0.000016680 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000019540 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000028360 |
| 2nd High | 0.000024720 |
| Next High | 0.000019540 |
| Current Price | 0.000017380 |
| Next Low | 0.000016680 |
| 2nd Low | |
| 3rd Low |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing