AlanSantana

✴️ Pepe 3X SHORT (158% Profits Potential)

Short
AlanSantana Updated   
OKX:PEPEUSDT   Pepe/Tether
Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT.

➖ The signal here comes from the volume.
Notice how trading volume is much lower now compared to March while a higher high is being hit.

➖ The massive growth after the long consolidation phase in late 2023 needs to be balanced out and this is the correction we are witnessing now.

👉 Full trade-numbers below.... 100% original, shared with positive vibes hoping yhou achieve all of your financial and personal goals.

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SHORT PEPEUSDT

Leverage: 3X

Buy-in: $0.000011600 - $0.000009950

Targets:

1) $0.000009750
2) $0.000009050
3) $0.000008400
4) $0.000007450
5) $0.000006750
6) $0.000006200
7) 0.0000005555
8) 0.0000004950

Stop-loss: Close weekly above $0.000012500

Potential profits: 158%

Capital allocation: 3%
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This is not financial advice. I am sharing with you my view of the chart, my opinion.
This is technical analysis for the people, for free...

Thanks a lot for your continued support.

Namaste.
Trade active:
Most of the market will do the same... A short-squeeze and then rewards for those who wait.
Comment:
Feel free to raise lev. up to 5X.
Not financial advice. Do your own research.
Comment:
Targets:

1) $0.000009750 |Hit 18-May (+22%)
2) $0.000009050 |Hit 19-May (+42%)
3) $0.000008400 |Next target...
4) $0.000007450
5) $0.000006750
6) $0.000006200
7) 0.0000005555
8) 0.0000004950
Comment:
The bounce can be used as a "second entry" or new SHORT opportunity... Endless opportunities for each chart setup, for each trade.

If you miss one, another one will show up.

Patience is key!

Prepare first and then take action

Namaste.
Trade closed manually:
My dear supporters, this is the situation we are now at with the Pepe SHROT; it is still on.

This thread is now being watched by a few whales and they will do everything to kick you out of your position.

The big players, the market participants with enough buying power to move the market, will push prices up and keep it there until people doubt or some stop-losses are activated but, the bearish potential still remains valid.

Leveraged trading is for experienced traders and this is the reason why. We need to adapt to market conditions and also, we need to be able to take profits/secure our trades when the targets are hit. As well as being able to increase and decrease lev. as prices swing.

Notice how as soon as we published this SHORT prices moved up and yet the drop still happened the next day. This rise surely put lots of people in doubt and many sold at a loss but the setup still worked.

The current bullish move was a surprise market-wide move but still a shakeout/short-squeeze. As soon as the over-leveraged hands are liquidated and beginners traders fold, you can expect the resumption of the bearish move.

This is a small Altcoin and thus cannot be traded in this way publicly.

The bearish setup still remains but this will be all for today.

Thank you for reading.
And thank you for your amazing and continued support.

We will focus on Bitcoin, Ethereum and the rest as these are bigger and harder to move on a whim, and so the setup is stronger.

We can't publish lev. on small pairs no more... Too much attention, it doesn't work.

Namaste.

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