PEPEUSDT 4HPEPE ~ 4H
#PEPE For the short term, This is a Bullish pattern. Purchase after breaking through the Resistance line of this pattern.
Pepeusdtidea
What awaits Pepe (PEPE)?The PEPE price experienced a huge bearish heat after remaining elevated for quite a long time in the past few days. Currently, the token is struggling to hold above the ascending resistance after gaining levels above the range. In the coming days, market participants may expect a decent drain in prices as the bulls remain passive at the moment.
Soon after rebounding from the interim lows, the bulls consumed more time than required before triggering a rebound and entering within the range. However, the MACD displays a drop in the selling volume and hence, a drop in the pressure may drag the levels slightly down. The market participants appear to have taken the profit from PEPE but the upcoming ETH ETF is believed to revive a strong ascending trend in a short while from now. This may raise the levels within the ascending triangle and after hitting the edge, it may rise towards new highs.
PEPEUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 0.0000009 - 0.000012 - 0.000014 - 0.000017
after first target reached move ur stop to breakeven
Stop: (depending of ur risk).
ALWAYS follow ur RM
risk is justified
Good luck everyone!
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It's not financial advice.
DYOR!
PEPE FOLLOW ME~!Hello, Friends!
It's the PEPEUSDT chart.
PEPE has hit a new high these days.
It's coming down after recording the High high.
What's the next direction?
I'm looking at it like this.
1. If it keeps the GREEN uptrend line, It will reach the purple uptrend line.
2. If it breaks through the BLUE downtrend line due to strong buying-force and keep it, It can even go to the RED uptrend line.
