Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.663E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000017910 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candle pattern is discovered. The candles show ‘Bearish Engulfing’. this 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 Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000021390 |
2nd High | 0.000017930 |
Next High | 0.000017910 |
Current Price | 0.000017640 |
Next Low | 0.000016990 |
2nd Low | 0.000016630 |
3rd Low | 0.000012340 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Bearish Engulfing