PEPE/USDT – 1H – SELL

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

The bearish trend down to the next support level at 0.000018340 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000020760 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.834E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000020760 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download PEPE/USDT Signal Image

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