PEPE/USDT – 4H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish movement down to the next support level at 0.000012650 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000014750 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Besides a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. which could be a negative signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.209E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000014750 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.000014750 – 0.000014330 – 0.000013370 – 0.000012650 – 0.000011660 – 0.000009430

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –