Sell PEPE/USDT – 1H – SELL

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

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