AlanSantana

✴️ Pepe The Wedge, New ATL, Growth Potential + Bitcoin

Long
AlanSantana Updated   
CRYPTO:PEPEUSD   Pepe
Yesterday, Pepe hit a new All-Time Low, 21-September.
Today, Pepe starts growing really strong which can be read as quite positive for its trading pair, PEPEUSD.

A strong reaction right after a new All-Time Low is hit can be quite good, as a bottom can be easily confirmed.

We also have a broken descending channel or falling wedge, the potential is up.

Here we go:

✔️ 1) As long as PEPEUSD trades above its 21-Sep low (0.0000006018), we adopt a strong bullish bias. Any trading above this level and we are super bullish.

✔️ 2) If PEPEUSD moves and closes below yesterday's low, the bears are back in control. Notice that a wick can happen and this wouldn't invalidate the bullish potential. In fact, I would use multiple weekly close below the last low to see the bears back in the game.

As it is now, Pepe is ready to end its downtrend and produce a bullish wave. This is not surprising, I've been sharing many Altcoins that are doing the same.

➖ What about Bitcoin?

Bitcoin won't be left behind, Bitcoin will also grow.

Namaste.
Comment:
With an average entry of 0.0000006500 we have around 90% growth so far.

Next target potential 67% available from current price.
This can happen "short-term"... Additional growth possible.


Patience is key.
Plan ahead.
Maximize profits.

Namaste.

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