PEPE/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.000008920 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.000010490 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000010490 – 0.000010310 – 0.000011150 – 0.000008920 – 0.000009750 – 0.000009650

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