PEPE/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish trend down to the next support at 0.000011660 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000013370 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘On Neck’ candle chart pattern is existing. The chart forms ‘On Neck’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).

0.000013370 – 0.000013270 – 0.000013090 – 0.000011660 – 0.000012100 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – On Neck – Rising Wedge Chart Pattern