PEPE/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support at 0.000013470 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000014180 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.30994E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.000014180 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

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

0.000014180 – 0.000014750 – 0.000014540 – 0.000013470 – 0.000013720 – 0.000012840

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –