PEPE/USDT – 1H – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A continuation of the downward movement down to the next support line at 0.000012340 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000012780 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000012780 – 0.000012740 – 0.000013050 – 0.000012340 – 0.000011780 – 0.000011850 — 50.819702055546 – 50.281365123334

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern –