PEPE/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The combination Pepe/Tether (PEPE/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.000012420 will persist.

Caution: A possible change in the direction of resistance at 0.000012810 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The currency pair is likely to fall.

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

Besides a ‘Matching Low’ candle chart pattern is detected. The chart shows ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000012810 – 0.000012710 – 0.000012780 – 0.000012420 – 0.000012340 – 0.000012470 — 49.843935109067 – 49.843935109067

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –