PEPE/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline down.

The bearish trend downwards to the next support level at 0.000012810 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000014330 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which 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 Black Crows’ going down is 82%.

0.000014330 – 0.000014110 – 0.000013370 – 0.000012810 – 0.000011660 – 0.000012100

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern