PEPE/USDT – 30M – SELL

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

A descending movement down to the next support at 0.000009750 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000010490 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Inside Down’ chart pattern is existing. The chart forms ‘Three Inside Down’. 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 probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.000010490 – 0.000010310 – 0.000011150 – 0.000009750 – 0.000009650 – 0.000010690

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Inside Down