After topping around 190, PEPE has been trading bearish for nearly a month. During this period, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal patterns, so we're going to wait for a bullish break out of the pattern.
My expectation is that we're still going down. The 115 area seems like a decent area for a potential bounce from the wedge's support. Once we've broken out, stop below the wedge, target at 190.
My expectation is that we're still going down. The 115 area seems like a decent area for a potential bounce from the wedge's support. Once we've broken out, stop below the wedge, target at 190.
Not
Break out!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.