$PEPE
Here is a detailed analysis of Pepe over the 4-hour period with the conclusion at the end:
BOLLINGER:
The asset's value broke the previous Bollinger bottom with yesterday's market fall. As the break is still ongoing, this is a risky time for trading, since the asset has not shown any sign that the fall is over.
MACD:
Although the candles for the selling volume are still filled, they are not smaller, suggesting a small consolidation before the fall continues.
RSI:
The RSI is below 20, which indicates that the buy signal is about to appear, and it would be a very strong signal.
My conclusion:
Despite the strong RSI signal, the indicators' signals are divergent, making trading in this currency not advisable today.
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