RP_cryptotrader

RP_cryptotrader

BTC corrected but is it bearisch? I don't think we have to be bearisch about this move. It looks like a stop loss hunt of the liquidity on de 68400 that was hit spot on. The picked up liquidity could be the fuel for the Inverse Head and shoulders that is on the edge of breaking out. More bullisch signals can be found on de daily chart in de Moving Avarages....

RP_cryptotrader

PEPE did not respond yet to the breakout of BTC. But the small Faling Wedge looks like it wants to break to the upside of the Symatric Triangle. That could be a first trade of 3% up. If BTC makes support arround the 72k PEPE can also breakout from the ST and that has a technical target just below the ATH. That would trigger and upside trade possibility of 18%....

RP_cryptotrader

NOT on the 1h chart in a DT & within that a H&S. Two signal to break the long path up. Will we get the correction?

RP_cryptotrader

PEPE is on the 4h charts in an EQ and can go both ways. We want to see a breakout with volume before jumping into the action. The TT is the recent ATH where it will trigger the stop losses and could correct to the GP or even 0.786 fib range. The liquidity is just below the EQ and just above the recent ATH. A stop loss hunt to 0.0137 can be expected before we go up.

RP_cryptotrader

PEPE shows it's strong but the correction was ineffitable. Here is my target for the new buy. Always first look for a reversal pattern before jumping in. But there are opportunities incomming.

RP_cryptotrader

PEPE is building a IH&S after the dip. This could give us a pump of 7 / 8%. Omn the other hand we are still in tyhe 4h downtrend. Breaking the 4H downtrend would be a first signal for the bullish IH&S. On the other hand we are still above the open Orderblock so a short but strong pullback could be possible. Eyes open and keep the charts open.