PEPE/USDT – 1H – BUYThe pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A descent down to the next support level at 0.000020020 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000021390 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Advance Block’ chart pattern is discovered. The candles form ‘Advance Block’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000021850 |
| Next High | 0.000021390 |
| Current Price | 0.000020560 |
| Next Low | 0.000020020 |
| 2nd Low | 0.000019070 |
| 3rd Low | 0.000017700 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Advance Block