The pair Pepe/Tether (PEPE/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.000018030 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000024620 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Evening Star’ candlestick chart pattern is discovered. The chart shows ‘Evening Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024990 |
2nd High | 0.000024720 |
Next High | 0.000024620 |
Current Price | 0.000017250 |
Next Low | 0.000018030 |
2nd Low | 0.000017960 |
3rd Low | 0.000017360 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Evening Star