PEPE appears to be following a classic Wyckoff Accumulation structure on the weekly timeframe. After completing the Phase A–C cycle with a clear Spring & Test, the market is showing early signs of strength.
Phase A: Preliminary Support (PSY), Buying Climax (BC), Automatic Reaction (AR), and Secondary Test (ST) established the range.
Phase B: Extended consolidation with an UT (upthrust) before the final breakdown.
Phase C: Spring & successful Test confirmed demand absorption at the lower boundary.
Phase D: Current price action shows a Jump Across the Creek (JAC) followed by a Last Point of Support (LPS). A Sign of Strength (SOS) is expected with a move above $0.00001581.
Phase E (Projection): Continuation higher with new LPS formations and a potential markup cycle toward $0.00002826 and above.
Phase A: Preliminary Support (PSY), Buying Climax (BC), Automatic Reaction (AR), and Secondary Test (ST) established the range.
Phase B: Extended consolidation with an UT (upthrust) before the final breakdown.
Phase C: Spring & successful Test confirmed demand absorption at the lower boundary.
Phase D: Current price action shows a Jump Across the Creek (JAC) followed by a Last Point of Support (LPS). A Sign of Strength (SOS) is expected with a move above $0.00001581.
Phase E (Projection): Continuation higher with new LPS formations and a potential markup cycle toward $0.00002826 and above.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
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.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
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.