PEPE/USDT – 30M – SELL

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

A descent downwards to the next support level at 0.000022820 is certain.

Caution: A possible change in the direction of the resistance level at 0.000024720 should always be considered.
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 certain. Target of the current trend is 2.259E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000024720 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download PEPE/USDT Signal Image

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