PEPE/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.000011780 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000012740 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000012740 – 0.000013050 – 0.000012990 – 0.000011780 – 0.000011850 – 0.000013470 — 53.000478046492 – 42.096071236301

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –