PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000010300 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000010300 – 0.000010130 – 0.000009940 – 0.000009970 – 0.000009850 – 0.000009740 — 53.64551560256 – 45.230390212585

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Northern Doji – Double top chart pattern – –