PEPE/USDT – 1H – SELL

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

A descent downwards to the next support line at 0.000011660 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000013370 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000013370 – 0.000013270 – 0.000013090 – 0.000011660 – 0.000012100 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down – Triple bottom chart pattern