PEPE/USDT – 1H – SELL

The combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards

A bearish descent downwards to the next support level at 0.000018710 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000020590 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.871E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000020590 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

Download PEPE/USDT Signal Image

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows