PEPE/USDT – 1H – SELL

The currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.000009690 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000010770 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000010770 – 0.000011660 – 0.000011620 – 0.000010040 – 0.000010700 – 0.000011240 — 32.962081681037 – 31.212131046587

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Triple top chart pattern –