PEPE/USDT – 30M – SELL

The currency pair Pepe/Tether (PEPE/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support line at 0.000009910 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000010260 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. 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).

0.000010260 – 0.000010280 – 0.000010300 – 0.000009910 – 0.000010080 – 0.000009950 — 49.77886991312 – 48.807134561967

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –