The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support level at 0.000020220 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000021300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Engulfing’ candlestick pattern is found. The chart forms ‘Bearish Engulfing’. this 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 chance of ‘Bearish Engulfing’ heading 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
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing