PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A bearish movement down to the next support at 0.000019680 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000021840 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024000 |
| 2nd High | 0.000022770 |
| Next High | 0.000021840 |
| Current Price | 0.000021700 |
| Next Low | 0.000019680 |
| 2nd Low | 0.000018040 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing