PEPE/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000011660 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000013370 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.000013370 – 0.000013270 – 0.000010790 – 0.000011660 – 0.000009430 – 0.000009460

Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Black Crows – Double bottom retreat down