PEPE just passed major Gann resistance and competed bullish harmonic. Looks promising! Possible resistance at 14k sats... after that this is an intermediate move up for 100% gain. Could go higher... With a harmonic like this just starting to move, be careful of possible retracement. My hunch is there may be a possible spike back down before the rally to the upside. This will be the blue box area...but overall sentiment is extremely bullish long term.
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The reason for possible retracement is the price has not gone above the IM system yet- still below the cloud on the daily.
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for clarity the retracement can take place anywhere in the margins of the blue box.
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Expected dip back into the blue box... washing out late buyers.
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Retrace looking good.
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Price continues up... but Caution there may be a 2nd retrace around 12800 sats. Sending price back down to approx. 11150 sats before an aggressive move back upward to follow the green line.
İşlem aktif:
good buy region right now on PEPE at 940 sats
İşlem aktif:
PEPE about to make a good swing upside to get back into the pattern.
Yorum:
new chart posted here
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targets surpassed on PEPE.. great action going on... The new chart posted is on smaller time frame, this one provides a bigger 1 Day perspective. I may repost another longer term as I think PEPE may have a little more upside.
Moorsc0de aka Crypt0nomics aka Zaphkiel
