PEPE/USDT – 1H – SELL

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

The bearish trend down to the next support at 0.000017200 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000019450 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Download PEPE/USDT Signal Image

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down