The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A descent downwards to the next support level at 0.000020020 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000021170 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Harami’ candlestick pattern is detected. The chart shows ‘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 likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024620 |
2nd High | 0.000021850 |
Next High | 0.000021170 |
Current Price | 0.000020440 |
Next Low | 0.000020020 |
2nd Low | 0.000019190 |
3rd Low | 0.000019070 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Harami