PEPE/USDT – 30M – SELLThe combination Pepe/Tether (PEPE/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.000020320 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000022400 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a negative 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’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024000 |
| 2nd High | 0.000022900 |
| Next High | 0.000022400 |
| Current Price | 0.000021600 |
| Next Low | 0.000020320 |
| 2nd Low | 0.000020190 |
| 3rd Low | 0.000018850 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing