Sell PEPE/USDT – 1H – SELL

The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support at 0.000017040 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000019450 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000024620
2nd High 0.000019540
Next High 0.000019450
Current Price 0.000018180
Next Low 0.000017040
2nd Low 0.000016680
3rd Low 0.000012340

Download PEPE/USDT Signal Image

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