PEPE/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 0.000009750 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.000009950 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

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

0.000009950 – 0.000009690 – 0.000009830 – 0.000009750 – 0.000009720 – 0.000009540 — 55.638419560216 – 54.086386093201

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Double bottom retreat down – –