The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at 0.000019500 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000020990 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Engulfing’ chart pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000022340 |
2nd High | 0.000021220 |
Next High | 0.000020990 |
Current Price | 0.000020770 |
Next Low | 0.000019500 |
2nd Low | 0.000018940 |
3rd Low | 0.000017960 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing