The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support line at 0.000017040 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000018780 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The 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 | 0.000019540 |
2nd High | 0.000019450 |
Next High | 0.000018780 |
Current Price | 0.000018410 |
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 Engulfing