PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support at 0.000012420 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013050 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012970 – 0.000012860 – 0.000012810 – 0.000012420 – 0.000012340 – 0.000012470 — 61.468095842621 – 55.684579516342

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Head and Shoulder chart pattern –