Sell PEPE/USDT – 1H – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.000011070 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000012430 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000012660
2nd High 0.000012650
Next High 0.000012430
Current Price 0.000012070
Next Low 0.000011070
2nd Low 0.000009960
3rd Low 0.000009860

0.000012430 – 0.000012650 – 0.000012660 – 0.000011070 – 0.000011790 – 0.000009960 — 62.626543214753 – 59.161198858928

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