Sell PEPE/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support level at 0.000009140 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.000009950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000010060
2nd High 0.000010020
Next High 0.000009950
Current Price 0.000009650
Next Low 0.000009140
2nd Low 0.000009070
3rd Low 0.000008300

0.000009950 – 0.000010020 – 0.000010060 – 0.000009140 – 0.000009370 – 0.000009760 — 54.030924469851 – 51.711271005669

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