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)
تم فتح الصفقة
تعليق:
+26% since entry
TP1 done
TP1 done
تعليق:
+48% since entry
TP2 done
TP2 done
تعليق:
+58% since entry
TP3 done
TP3 done
تعليق:
If PEPE would reach the final target $0.000002 on weekend?
20% more to go!
20% more to go!
تعليق:
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?
تعليق:
PEPE is breaking out the bull flag (updated)
تعليق:
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.
تعليق:
PEPE is bouncing well
تعليق:
Update:
تعليق:
PEPE is still in consolidation for another leg up, in my opinion
تعليق:
SOS (Sign Of Strength) is on-going
تم إغلاق الصفقة يدويًا:
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.