PEPE/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.000009960 is considered certain.

Caution: A possible change in the direction of resistance at 0.000010850 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 1.036E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000010850 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000010850 – 0.000010880 – 0.000011550 – 0.000010360 – 0.000010550 – 0.000011040 — 32.946420556594 – 32.196757901581

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –