PEPE/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at 0.000010140 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010680 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000010680 – 0.000010840 – 0.000009950 – 0.000010140 – 0.000009540 – 0.000009370 — 49.960539930554 – 46.34738945205

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –