The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support level at 0.000020020 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000020780 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bearish Harami’ candlestick pattern is discovered. The candles form ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021850 |
2nd High | 0.000021390 |
Next High | 0.000020780 |
Current Price | 0.000020560 |
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 Harami