The combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A descending movement downwards to the next support level at 0.000020260 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000020780 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Inverted Hammer’ candlestick pattern is detected. The chart forms ‘Inverted Hammer’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021850 |
2nd High | 0.000021390 |
Next High | 0.000020780 |
Current Price | 0.000020490 |
Next Low | 0.000020260 |
2nd Low | 0.000020020 |
3rd Low | 0.000019190 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Inverted Hammer