Sell PEPE/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000009750 is likely expected.

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

Also there is a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. which 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000011310
2nd High 0.000011150
Next High 0.000010490
Current Price 0.000009240
Next Low 0.000009750
2nd Low 0.000009650
3rd Low 0.000007960

0.000010490 – 0.000010310 – 0.000011150 – 0.000009750 – 0.000009650 – 0.000010500

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