PEPE/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.000012340 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000013150 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Matching Low’ chart pattern is found. The candles show ‘Matching Low’. which is a positive 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 ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000013150 – 0.000012780 – 0.000012740 – 0.000012340 – 0.000011780 – 0.000011850 — 23.599802060924 – 23.153628047547

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Double bottom retreat down –