PEPE/USDT – 30M – SELL
The pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.000020470 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000022030 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 2.050852E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.000022030 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024000 |
2nd High | 0.000022290 |
Next High | 0.000022030 |
Current Price | 0.000021150 |
Next Low | 0.000020470 |
2nd Low | 0.000019430 |
3rd Low | 0.000018800 |
Download PEPE/USDT Signal Image
Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows