PEPE/USDT – 30M – SELLThe combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish descent down to the next support level at 0.000020220 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000021300 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candlestick pattern is existing. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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