Sell PEPE/USDT – 30M – SELL

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

A descent downwards to the next support at 0.000010960 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.000011240 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000012150
2nd High 0.000011660
Next High 0.000011240
Current Price 0.000012300
Next Low 0.000010960
2nd Low 0.000010590
3rd Low 0.000009960

0.000011240 – 0.000011000 – 0.000010620 – 0.000010960 – 0.000010590 – 0.000009960 — 63.557424440537 – 61.321594001365

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