Sell PEPE/USDT – 1H – SELL

The combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.

A descending movement downwards to the next support line at 0.000018800 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000024000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 0.000025970
Next High 0.000024000
Current Price 0.000021560
Next Low 0.000018800
2nd Low 0.000012340
3rd Low 0.000011410

Download PEPE/USDT Signal Image

Trading Signals:

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