PEPE/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support level at 0.000011070 will persist.

Caution: A possible change in the direction of the resistance line at 0.000012500 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.131E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.000012500 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000012500 – 0.000012430 – 0.000012650 – 0.000011950 – 0.000011070 – 0.000011790 — 38.860863872104 – 37.811188062906

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –