First of all, pay attention to the timeframe. It is the daily timeframe, and the movement in the analysis requires a relatively long period.
It seems that those who are in profit will take more profit, making the PIPPIN situation more bearish.
A pullback towards the supply area could provide an opportunity to take a sell/short position.
It appears we have had an ABC zigzag pattern, where wave C was an impulsive 5-wave move that has now completed.
The targets are marked on the chart.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
What do you think? is PIPPIN bearish?
It seems that those who are in profit will take more profit, making the PIPPIN situation more bearish.
A pullback towards the supply area could provide an opportunity to take a sell/short position.
It appears we have had an ABC zigzag pattern, where wave C was an impulsive 5-wave move that has now completed.
The targets are marked on the chart.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
What do you think? is PIPPIN bearish?
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The price hit the red zone, dropped over 31% , and reached the first target.
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⚠️ Only important signals are posted on Telegram.
⚠️ Only important signals are posted on Telegram.
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.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
⚠️ Only important signals are posted on Telegram.
⚠️ Only important signals are posted on Telegram.
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.