PEPE/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish movement down to the next support level at 0.000010970 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000011620 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.0755E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.000011620 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000011620 – 0.000011700 – 0.000010530 – 0.000011200 – 0.000011180 – 0.000010970 — 46.591280561126 – 38.12471742119

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –