Sell PEPE/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A continuation of the downward movement down to the next support level at 0.000010140 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010680 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000011480
2nd High 0.000010840
Next High 0.000010680
Current Price 0.000010490
Next Low 0.000010140
2nd Low 0.000009540
3rd Low 0.000009370

0.000010680 – 0.000010840 – 0.000009950 – 0.000010140 – 0.000009540 – 0.000009370 — 49.960539930554 – 46.34738945205

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