Sell PEPE/USDT – 30M – SELL

The combination Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support at 0.000022820 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000024720 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000025200
2nd High 0.000024990
Next High 0.000024720
Current Price 0.000023350
Next Low 0.000022820
2nd Low 0.000022590
3rd Low 0.000021620

Download PEPE/USDT Signal Image

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