PEPE/USDT – 30M – SELL

The currency pair Pepe/Tether (PEPE/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.000018340 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000019470 is also possible.
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. Current target is 1.834E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000019470 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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