Sell PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support at 0.000021100 is expected.

Caution: A possible change in the direction of the resistance level at 0.000028360 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.333E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.000028360 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also 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 success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000028360
Current Price 0.000023090
Next Low 0.000021100
2nd Low 0.000020340
3rd Low 0.000020320

Download PEPE/USDT Signal Image

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