Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2.046E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000021170 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. 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 Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024620 |
2nd High | 0.000021850 |
Next High | 0.000021170 |
Current Price | 0.000021130 |
Next Low | 0.000020020 |
2nd Low | 0.000019190 |
3rd Low | 0.000019070 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing