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🚨 PEPE Updates & Analysis
April 19, I updated about buying PEPE at 049 and target 072. It has achieved maximum profits. Today, let's quickly analyze this week's direction.
👉 PEPE has broken the bearish trendline within the daily frame. A positive signal for the next price increase.
👉 Candle D1 is tending to create a C7CB pattern, which means a descending candlestick pattern, creating a short-term bearish trend.
👉 It is expected that PEPE will have a price decrease back to 065-072 to continue sideways to create a new upward price trend. It is also a retest of MA89 and a check of the bullish trendline.
New bullish rhythm after retest, I will update them and can reach 092-097
👉 But pay attention, before April 28, I will sell all MEMECoin including pepe-shib-doge-wif-bonk
This is a personal opinion, you can refer to it. Trading Insight is always with you. Are you getting profit from the article you posted?
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PEPE is a pretty hot memecoin and had a strong growth breakthrough in the last wave. It has now also had a huge correction, temporarily called a halving.
👉 PEPE at MA89 is encountering an extremely large psychological support and resistance zone, creating an accumulation zone with volume gradually approaching a Breakout.
👉The volume of purchases transferred from the exchange to the shark wallet also increased, although not much, but was pushed continuously
👉H4 creates a triangle model, PEPE's current liquidity area below pool 047 is very small, so the magnet's pull back to the 065-072 area is very large.
We can set up to buy SPOT PEPE for surfing right now at price range 0496 DCA at range 035-039 to ensure safety.
For Futures signals, follow the triangle in the picture to trade. We have a positive view on PEPE in the short term.