The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
A descending movement down to the next support level at 0.000020410 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000021390 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Bullish Engulfing’ candlestick pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024620 |
2nd High | 0.000021850 |
Next High | 0.000021390 |
Current Price | 0.000020630 |
Next Low | 0.000020410 |
2nd Low | 0.000020260 |
3rd Low | 0.000020020 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bullish Engulfing