PEPE/USDT – 30M – SELL

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

A bearish trend down to the next support at 0.000009750 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.000010260 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000009950 – 0.000009690 – 0.000009830 – 0.000009750 – 0.000009720 – 0.000009540 — 61.624603117675 – 54.873768751712

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