Sell PEPE/USDT – 30M – SELL

The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.000016670 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000021390 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000024620
2nd High 0.000021850
Next High 0.000021390
Current Price 0.000016910
Next Low 0.000016670
2nd Low 0.000012340
3rd Low 0.000011860

Download PEPE/USDT Signal Image

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