PEPE/USDT – 30M – SELL

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

A descent downwards to the next support level at 0 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.0E-5 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 2.14E-6 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.0E-5 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.0E-5 – 1.0E-5 – 1.0E-5 – 0 – 0 – 0 —
0.000005010 – 0.000005020 —
45.230923229295 – 46.670155112637 —
– —
0.00001 – 1769227200

Trading Signals: CRYPTO – PEPE – PEPE/USDT – USDT – Matching Low – Double bottom retreat down – –