Sell PEPE/USDT – 30M – SELL

The currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.

A bearish descent downwards to the next support at 0.000019270 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000020330 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. 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 ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000021220
2nd High 0.000020760
Next High 0.000020330
Current Price 0.000019470
Next Low 0.000019270
2nd Low 0.000017960
3rd Low 0.000017360

Download PEPE/USDT Signal Image

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