Sell PEPE/USDT – 30M – SELL

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

The bearish trend down to the next support line at 0.000010650 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010850 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000011660
2nd High 0.000011640
Next High 0.000010850
Current Price 0.000010620
Next Low 0.000010650
2nd Low 0.000010600
3rd Low 0.000010560

0.000010850 – 0.000011640 – 0.000011660 – 0.000010650 – 0.000011210 – 0.000010710 — 35.010187427726 – 34.307980955232

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