PEPE/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support at 0.000009570 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000010280 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 9.57E-6 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.000010280 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Matching Low’ candlestick pattern is existing. The chart shows ‘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 success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000010280 – 0.000010300 – 0.000011480 – 0.000009910 – 0.000009950 – 0.000009570 — 35.13576656588 – 35.13576656588

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –