PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 0.000010670 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000011620 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.091308E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.000011620 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Matching Low’ chart pattern is existing. The candles form ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000011370 – 0.000011620 – 0.000011700 – 0.000010670 – 0.000011200 – 0.000011180 — 50.44715375172 – 48.0201829949

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –