The pair Pepe/Tether (PEPE/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.000018940 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000020330 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021220 |
2nd High | 0.000020760 |
Next High | 0.000020330 |
Current Price | 0.000019900 |
Next Low | 0.000018940 |
2nd Low | 0.000017960 |
3rd Low | 0.000017360 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing