PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000019040 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000020760 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bearish Engulfing’ 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 probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000022340 |
| Next High | 0.000020760 |
| Current Price | 0.000018920 |
| Next Low | 0.000019040 |
| 2nd Low | 0.000018040 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing