PEPE/USDT – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support at 0.000009860 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000011550 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 9.86E-6 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.000011550 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000011550 – 0.000012690 – 0.000012660 – 0.000010520 – 0.000011070 – 0.000009860 — 36.677421232342 – 32.945014155985

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –