PEPE/USDT – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support line at 0.000012080 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000012690 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Three Inside Down’ chart pattern is existing. The candles form ‘Three Inside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.000012690 – 0.000012660 – 0.000012420 – 0.000012080 – 0.000011840 – 0.000012000

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern