Sell PEPE/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.000018940 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000020330 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000022340
2nd High 0.000020760
Next High 0.000020330
Current Price 0.000019520
Next Low 0.000018940
2nd Low 0.000017960
3rd Low 0.000017290

Download PEPE/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals