Sell PEPE/USDT – 30M – SELL

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

A bearish movement down to the next support level at 0.000020220 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000021300 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Engulfing’ candle pattern is detected. The chart shows ‘Bearish Engulfing’. 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 success rate of a ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000022770
2nd High 0.000022340
Next High 0.000021300
Current Price 0.000021010
Next Low 0.000020220
2nd Low 0.000019500
3rd Low 0.000018940

Download PEPE/USDT Signal Image

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