PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A bearish trend downwards to the next support at 0.000020720 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000021780 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.01041E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000021780 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download PEPE/USDT Signal Image

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows