PEPE/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support at 0.000011070 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000012690 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.054422E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.000012690 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000012690 – 0.000012500 – 0.000012430 – 0.000011950 – 0.000011070 – 0.000011790 — 26.938284543663 – 24.404173503452

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –