PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.000009430 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000010790 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Shooting Star’ candlestick chart pattern is existing. The candles show ‘Shooting Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011310 |
| 2nd High | 0.000011150 |
| Next High | 0.000010790 |
| Current Price | 0.000010170 |
| Next Low | 0.000009430 |
| 2nd Low | 0.000009070 |
| 3rd Low | 0.000008300 |
0.000010790 – 0.000010490 – 0.000010170 – 0.000009430 – 0.000009880 – 0.000009460
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Shooting Star –