PEPE/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish movement downwards to the next support line at 0.000011660 will persist.

Caution: A possible change in the direction of the resistance line at 0.000014110 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Last Engulfing Top’ candle pattern is discovered. The chart forms ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.000014110 – 0.000013370 – 0.000013270 – 0.000011660 – 0.000012100 – 0.000011840

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern