PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.000017200 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000018440 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Engulfing’ candle chart pattern is existing. The candles form ‘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 chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024720 |
| 2nd High | 0.000024620 |
| Next High | 0.000018440 |
| Current Price | 0.000017660 |
| Next Low | 0.000017200 |
| 2nd Low | 0.000016680 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing