PEPE/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000004420 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘On Neck’ candlestick pattern is existing. The candles form ‘On Neck’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).

0.000004420 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 —
0.000004420 – 0.000004110 —
56.293844813247 – 38.438566199255 —
0.000004420 – 1771660800 —
– 1771660800

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – On Neck – Rising Wedge Chart Pattern – –