PEPE/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A descent downwards to the next support level at 0.000013720 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000014540 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.3625E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000014540 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

0.000014540 – 0.000014600 – 0.000013540 – 0.000013720 – 0.000012840 – 0.000012650

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