Sell PEPE/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2.046E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000021170 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000024620
2nd High 0.000021850
Next High 0.000021170
Current Price 0.000021130
Next Low 0.000020020
2nd Low 0.000019190
3rd Low 0.000019070

Download PEPE/USDT Signal Image

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