PEPE/USDT – 30M – SELL

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

The bearish trend downwards to the next support at 0.000009740 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010260 could happen.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. 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 likely expected. Current target is 9.91E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000010260 could happen.
Consider stop-loss settings accordingly.

Then a ‘Matching Low’ candlestick pattern is existing. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000010260 – 0.000010280 – 0.000010300 – 0.000009910 – 0.000010080 – 0.000009950 — 28.769095557822 – 28.769095557822

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –