PEPE/USDT – 30M – SELLThe combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A descending movement down to the next support level at 0.000024180 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000027170 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Engulfing’ candlestick pattern is existing. The candles form ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000027170 |
| Current Price | 0.000026430 |
| Next Low | 0.000024180 |
| 2nd Low | 0.000021100 |
| 3rd Low | 0.000020340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing