PEPE/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at 0.000011840 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013270 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000013270 – 0.000013090 – 0.000010270 – 0.000011840 – 0.000012000 – 0.000009690

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern