PEPE/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish descent downwards to the next support line at 0.000011660 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000014110 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.2885E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000014110 could happen.
Consider stop-loss settings accordingly.

And also a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000014110 – 0.000013370 – 0.000013270 – 0.000011660 – 0.000012100 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern