PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support line at 0.000018710 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000021220 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024000 |
| 2nd High | 0.000022770 |
| Next High | 0.000021220 |
| Current Price | 0.000019780 |
| Next Low | 0.000018710 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011410 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing