🐸 PEPE Making a reverse head and shoulder pattern ( 4h )
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❌ Note: Pepe is a meme coin and changes its trend with news, social networks, tweets, etc.❌
Hello friends and companions of Trading View
The bulls were able to find support just below the 0.786 Fibonacci level, moving the trend up to the 0.5 Fibo, creating a head and shoulder reversal pattern signaling a resistance test.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* Crossing the MA 50 resistance (blue line) is a sign of an upward trend (short term).
* The herd trades based on emotions
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
❌ Note: Pepe is a meme coin and changes its trend with news, social networks, tweets, etc.❌
Hello friends and companions of Trading View
The bulls were able to find support just below the 0.786 Fibonacci level, moving the trend up to the 0.5 Fibo, creating a head and shoulder reversal pattern signaling a resistance test.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* Crossing the MA 50 resistance (blue line) is a sign of an upward trend (short term).
* The herd trades based on emotions
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
