PEPE/USDT – 30M – BUYThe combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support level at 0.000020410 is certain.
Caution: A possible change in the direction of the resistance level at 0.000021100 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Hammer’ candle chart pattern is found. The candles form ‘Hammer’. this 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 likelyhood of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021850 |
| 2nd High | 0.000021390 |
| Next High | 0.000021100 |
| Current Price | 0.000020690 |
| Next Low | 0.000020410 |
| 2nd Low | 0.000020260 |
| 3rd Low | 0.000020020 |