PEPE has lost 80% of value since being listed.
Today, with the rise of BTC, PEPE is at the breaking point to escape the descending broadening wedge pattern.
On 12TF, the volume indicators CMF and MFI had already broken their trendlines. This implies that buy pressure has increase slowly and possibly the local bottom is set.
A trade setup is as in chart with TP (blue lines) and SL (red line)
İşlem aktif
Yorum:
+26% since entry
TP1 done
TP1 done
Yorum:
+48% since entry
TP2 done
TP2 done
Yorum:
+58% since entry
TP3 done
TP3 done
Yorum:
If PEPE would reach the final target $0.000002 on weekend?
20% more to go!
20% more to go!
Yorum:
PEPE has been consolidating during these weekends. It's likely that a bullish pennant is being formed. Another leg up to surpass the final target?
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PEPE is breaking out the bull flag (updated)
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The bull flag has failed. Here below what i'm watching: the current support 0.00136 should hold so that consolidation continues before a potential leg-up.
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PEPE is bouncing well
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Update:
Yorum:
PEPE is still in consolidation for another leg up, in my opinion
Yorum:
SOS (Sign Of Strength) is on-going
İşlem elle kapatılmış:
I closed this trade due to weakness of BTC
The break-out was done without big volume and BTC faces strong resistance at $30000.
Be ready if PEPE would retest the broken trendline.