PEPE/USDT – 1H – SELL

The combination Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.

A bearish trend downwards to the next support at 0.000013720 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000014600 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000014600 – 0.000013540 – 0.000014330 – 0.000013720 – 0.000012840 – 0.000012650

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