Sell PEPE/USDT – 30M – SELL

The combination Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.

The bearish trend downwards to the next support line at 0.000018620 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000019540 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Evening Star’ chart pattern is found. The candles form ‘Evening Star’. which is a negative pattern signal. The pair is likely to go down. 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 0.000024720
2nd High 0.000024620
Next High 0.000019540
Current Price 0.000019160
Next Low 0.000018620
2nd Low 0.000018010
3rd Low 0.000017900

Download PEPE/USDT Signal Image

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