PEPE/USDT – 4H – SELLThe currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support line at 0.000016680 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000019540 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Belt Hold’ candlestick pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to go down. 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 | 0.000028360 |
| 2nd High | 0.000024720 |
| Next High | 0.000019540 |
| Current Price | 0.000018680 |
| Next Low | 0.000016680 |
| 2nd Low | |
| 3rd Low |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Belt Hold