Sell PEPE/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.000009970 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000011480
2nd High 0.000011080
Next High 0.000010300
Current Price 0.000010060
Next Low 0.000009970
2nd Low 0.000009850
3rd Low 0.000009740

0.000010300 – 0.000010130 – 0.000009940 – 0.000009970 – 0.000009850 – 0.000009740 — 48.354502487308 – 44.252157370505

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