PEPE/USDT – 1H – SELL

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

A bearish movement downwards to the next support line at 0.000017200 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000019450 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Download PEPE/USDT Signal Image

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down