Sell PEPE/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.000018800 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000020850 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.959E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000020850 should always be considered.
Consider stop-loss settings accordingly.

Also there is 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 success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000024000
2nd High 0.000022770
Next High 0.000020850
Current Price 0.000019410
Next Low 0.000018800
2nd Low 0.000012340
3rd Low 0.000011860

Download PEPE/USDT Signal Image

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