Sell PEPE/USDT – 1H – SELL

The combination Pepe/Tether (PEPE/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 0.000009760 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000010020 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000010260
2nd High 0.000010060
Next High 0.000010020
Current Price 0.000009840
Next Low 0.000009760
2nd Low 0.000009490
3rd Low 0.000009430

0.000010020 – 0.000010060 – 0.000010260 – 0.000009760 – 0.000009490 – 0.000009910 — 47.706274421223 – 42.798364526991

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