PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.000016680 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000021390 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Belt Hold’ candlestick pattern is found. The candles form ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000021850 |
| Next High | 0.000021390 |
| Current Price | 0.000016910 |
| Next Low | 0.000016680 |
| 2nd Low | 0.000012340 |
| 3rd Low |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Belt Hold