PEPE/USDT – 4H – SELL

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

A bearish movement down to the next support level at 0.000011070 is expected.

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

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.000012660 – 0.000011660 – 0.000013150 – 0.000011070 – 0.000009860 – 0.000011780 — 39.190067405543 – 37.810066341929

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