PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000012430 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000012430 – 0.000012180 – 0.000012650 – 0.000011440 – 0.000011880 – 0.000011790 — 38.794517158453 – 38.3454181166

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – – –