PEPE/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination Pepe/Tether (PEPE/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.000012340 is expected.

Caution: A possible change in the direction of the resistance zone at 0.000012780 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Matching Low’ candle pattern is found. The candles form ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000012780 – 0.000012740 – 0.000013050 – 0.000012340 – 0.000011780 – 0.000011850 — 50.819702055546 – 50.281365123334

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern –