The currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 0.000020020 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000021390 could occur.
Consider stop-loss settings accordingly.
Next a ‘Bearish Harami’ candle pattern is existing. The chart shows ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.000021390 |
Current Price | 0.000020720 |
Next Low | 0.000020020 |
2nd Low | 0.000019070 |
3rd Low | 0.000017700 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Harami