You will ask yourself, "how did he know Pengu would do that"?On Sept 29th I suggested that Pengu would drop into my T1 with "high probability"...and after the anticipated "fakeout", it would bounce. That has now played out. Congratulations to those of you that took that trade.
T2 was "possible", but has now become "unlikely".
May the trends be with you.
Trading activity
Transactions 3
BuysSells
03
Volume 21USD
Buys volumeSells volume
021
Traders 2
BuyersSellers
02
About PENGUBONK_5UGQGD.USD
Related DEX pairs
Pengu - Target 1 hit - Bounce incoming or lower low?Pengu just entered my T1, as anticipated. Fakeouts like this example (just below trendlines), are very common and may be good entry points. The only question that remains is will Pengu form a lower low. If so, it may be an even better entry point for me.
May the trend sbe with you.
This $PENGU Can Fly
Summary
COINBASE:PENGUUSD has traced a broad 2025 “cup” base, with April setting the low and price now back to the January supply shelf. Price forming a bullish wedge just below all-time highs. As we retest what I call the "blue sky" box, we attempt to resolve a contracting wedge to the upsid
In September PENGU broke out of another falling wedge patttern Its price action in Q2 built a falling wedge and gave a breakout of 500% by July.
But now in September, PENGU broke out of another falling wedge pattern built in August price action. Let's assume ambitiously that another 500% to come, then it will hit $0.21.
But even on the conservative note, if b
The Bearish Scenario for PENGUTaking a look at the possible bearish scenario for PENGU as we map out this trade idea. A loss of a four hour trend line followed by potential loss of a key local support could cause another leg down. I am bullish on this one however it's always important to have a plan. This really needs to start m
Quick Video Updating Previous PENGU Charts SharedI wanted to record a brief video of my thoughts for PENGU and where we may be headed. This is an overall compilation from the previous charts shared and how/why I feel this was a good entry for a run towards ATH on this chart. It looks to me that we have a strong support level that has formed along
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy