Sell PEPE/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000009960 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.000012660 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000014180
2nd High 0.000013150
Next High 0.000012660
Current Price 0.000012420
Next Low 0.000009960
2nd Low 0.000009860
3rd Low 0.000009690

0.000012660 – 0.000010690 – 0.000010770 – 0.000009960 – 0.000009860 – 0.000010040 — 65.519649435603 – 62.868978020451

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