PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.000017040 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000019450 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000019540 |
| Next High | 0.000019450 |
| Current Price | 0.000018680 |
| Next Low | 0.000017040 |
| 2nd Low | 0.000016680 |
| 3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Belt Hold