PEPE/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.000012340 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013150 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ candlestick chart pattern is detected. The candles form ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.000013150 – 0.000012780 – 0.000012740 – 0.000012340 – 0.000011780 – 0.000011850 — 27.555226870872 – 27.087857995024

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Southern Doji – Double bottom retreat down –