PEPE/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 0.000009960 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000011270 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.081E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000011270 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000011270 – 0.000012690 – 0.000012500 – 0.000010810 – 0.000011950 – 0.000011070 — 23.801236426972 – 22.434464941901

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double top chart pattern – –