PEPE/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support at 0.000011070 will continue.

Caution: A possible change in the direction of the resistance line at 0.000012660 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.101404E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.000012660 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Two Crows’ candlestick chart pattern is discovered. The candles show ‘Two Crows’. which 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000012660 – 0.000011660 – 0.000013150 – 0.000011070 – 0.000009860 – 0.000011780 — 53.631365739138 – 48.499606201231

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Double bottom retreat down – –