Sell PEPE/USDT – 30M – SELL

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

A bearish trend down to the next support at 0.000010780 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000011330 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Inside Down’ candlestick chart pattern is existing. The candles show ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000013150
2nd High 0.000012690
Next High 0.000011330
Current Price 0.000011250
Next Low 0.000010780
2nd Low 0.000010520
3rd Low 0.000009960

0.000011330 – 0.000011110 – 0.000010960 – 0.000010780 – 0.000010520 – 0.000010810 — 58.022463000614 – 50.04102806308

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