PEPE/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.000011780 will continue.

Caution: A possible change in the direction of the resistance level at 0.000012740 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

0.000012740 – 0.000012670 – 0.000012410 – 0.000011780 – 0.000011890 – 0.000011850 — 54.984915287852 – 49.060616231152

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double bottom retreat down –