PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.000018040 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000020560 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candle pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021220 |
| 2nd High | 0.000020590 |
| Next High | 0.000020560 |
| Current Price | 0.000019350 |
| Next Low | 0.000018040 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011860 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing