Sell PEPE/USDT – 1H – SELL

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

A bearish movement down to the next support level at 0.000019070 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000021850 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Harami’ chart pattern is found. The candles show ‘Bearish Harami’. 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 ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000024720
2nd High 0.000024620
Next High 0.000021850
Current Price 0.000020350
Next Low 0.000019070
2nd Low 0.000017700
3rd Low 0.000017450

Download PEPE/USDT Signal Image

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