The roadmap for PEPE is crystal clear. After Wave 3 reached the 2.272 extension, the price underwent a healthy ABC correction. That correction is now over, and we are entering a LONG position from current levels.
The Strategy:
The structure is primed. Let's hit that 2.618. 🌊🛡️
#PEPE #ElliottWave #TradingSetup #Crypto #Wave5 #Fibonacci
The Strategy:
- The Setup: We’ve just bounced off the support zone following the ABC reset. The momentum is shifting back to the bulls as we begin the 5th and final impulsive leg.
- The Target: We are eyeing the 2.618 Fibonacci level ($0.00434) for our Take Profit. This is the projected termination point for Wave 5.
- Entry: Market price (Right now).
- Exit: 2.618 extension.
The structure is primed. Let's hit that 2.618. 🌊🛡️
#PEPE #ElliottWave #TradingSetup #Crypto #Wave5 #Fibonacci
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.