PEPE/USDT – 4H – SELL

The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.

A descent down to the next support level at 0.000009430 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013150 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘Southern Doji’ candlestick chart pattern is existing. The candles show ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.000013150 – 0.000014750 – 0.000014330 – 0.000011780 – 0.000012650 – 0.000011660 — 28.70034646128 – 28.182346843486

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern –