PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000018620 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000019450 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Engulfing’ candle chart pattern is existing. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000019540 |
| Next High | 0.000019450 |
| Current Price | 0.000018670 |
| Next Low | 0.000018620 |
| 2nd Low | 0.000018010 |
| 3rd Low | 0.000017900 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing