PEPE/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 0.000019680 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000022340 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1.959686E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000022340 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download PEPE/USDT Signal Image

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