PEPE/USDT – 30M – SELL

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

A bearish descent down to the next support level at 0.000009950 is certain.

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

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 9.85E-6 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.000010300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000010300 – 0.000010130 – 0.000009940 – 0.000009950 – 0.000010030 – 0.000009970 — 45.684462893187 – 44.342224425246

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Black Crows – Double bottom retreat down – –