PEPE/USDT – 1H – SELL

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

A bearish trend down to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000012780 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Matching Low’ chart pattern is detected. The candles form ‘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).

0.000012780 – 0.000012740 – 0.000013050 – 0.000012340 – 0.000011780 – 0.000011850 — 54.04720409058 – 53.51067001228

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Double bottom retreat down –