PEPE/USDT – 30M – SELL

The combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.

A descent down to the next support level at 0.000009380 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000010030 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 9.38E-6 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.000010030 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.000010030 – 0.000009980 – 0.000009860 – 0.000009560 – 0.000009720 – 0.000009680 — 30.202980941847 – 27.864548470432

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –