The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support at 0.000020260 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000021100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021850 |
2nd High | 0.000021390 |
Next High | 0.000021100 |
Current Price | 0.000020520 |
Next Low | 0.000020260 |
2nd Low | 0.000020020 |
3rd Low | 0.000019190 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Harami