The combination Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.000023060 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.000024990 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000025720 |
2nd High | 0.000025200 |
Next High | 0.000024990 |
Current Price | 0.000024240 |
Next Low | 0.000023060 |
2nd Low | 0.000021620 |
3rd Low | 0.000021100 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing