PEPE/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000012340 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000013150 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI cross above 30’ indicator layout is found. The indicator shows ‘RSI cross above 30’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Southern Doji’ candlestick pattern is existing. The candles form ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.000013150 – 0.000012780 – 0.000012740 – 0.000012340 – 0.000011780 – 0.000011850 — 23.119690845123 – 22.88679148987

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