PEPE/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.

A bearish movement down to the next support line at 0.000012810 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000014330 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000014330 – 0.000014110 – 0.000013370 – 0.000012810 – 0.000011660 – 0.000012100

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