PEPE/USDT – 30M – SELL

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

The bearish trend down to the next support at 0.000012100 is certain.

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

In addition a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000012690 – 0.000012660 – 0.000012420 – 0.000012100 – 0.000012080 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows – Double bottom retreat down