PEPE/USDT – 4H – SELL

The combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.

A bearish movement down to the next support at 0.000011660 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000013620 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000013370 – 0.000013270 – 0.000010790 – 0.000011660 – 0.000009430 – 0.000009460

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down – Triple bottom chart pattern