PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.000009070 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000009990 could occur.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010490 |
| Next High | 0.000009990 |
| Current Price | 0.000009480 |
| Next Low | 0.000009070 |
| 2nd Low | 0.000008300 |
| 3rd Low | 0.000007960 |
0.000009990 – 0.000010490 – 0.000010170 – 0.000009580 – 0.000009070 – 0.000008300
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down –