The combination Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support at 0.000017040 is expected.
Caution: A possible change in the direction of the resistance level at 0.000019000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bearish Belt Hold’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000019450 |
2nd High | 0.000019190 |
Next High | 0.000019000 |
Current Price | 0.000017590 |
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