Sell PEPE/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 0.000017040 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000018780 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish 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 0.000018410
Next Low 0.000017040
2nd Low 0.000016680
3rd Low 0.000012340

Download PEPE/USDT Signal Image

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