PEPE/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support level at 0.000012470 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000012740 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘RSI cross above 70’ indicator layout is detected. The indicator shows ‘RSI cross above 70’. this is usually a bearish chart scenario. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.2415E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000012740 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012740 – 0.000012670 – 0.000012410 – 0.000012470 – 0.000011780 – 0.000011890 — 57.532395480556 – 51.152192335636

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –