PEPE/USDT – 30M – SELL

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

A bearish descent down to the next support line at 0.000019940 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000021840 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.994E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000021840 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. 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