Sell PEPE/USDT – 1H – SELL

The currency pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A descending movement down to the next support line at 0.000020020 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000021170 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000024620
2nd High 0.000021850
Next High 0.000021170
Current Price 0.000020970
Next Low 0.000020020
2nd Low 0.000019070
3rd Low 0.000017700

Download PEPE/USDT Signal Image

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