PEPE/USDT – 30M – SELL

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

A descent down to the next support line at 0.000019680 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000021790 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.0345E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000021790 could happen.
Consider stop-loss settings accordingly.

Moreover 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