PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A descending movement down to the next support at 0.000017200 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000019450 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000019540 |
| Next High | 0.000019450 |
| Current Price | 0.000017380 |
| Next Low | 0.000017200 |
| 2nd Low | 0.000016680 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down