PEPE/USDT – 1H – SELL

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

The bearish trend downwards to the next support line at 0.000021620 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000024990 should be noted.
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 will continue. Target of the current trend is 2.162E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000024990 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘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