PEPE/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A bearish trend downwards to the next support line at 0.000013640 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.000014750 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

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

Next a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000014750 – 0.000014540 – 0.000014600 – 0.000013640 – 0.000013720 – 0.000012840

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