PEPE/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.

A descending movement down to the next support line at 0.000012400 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013270 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000013270 – 0.000013090 – 0.000010130 – 0.000012400 – 0.000009710 – 0.000009690

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern