$PEPE BREAKS BULLISH FLAG & POLE 🚀
It starts off this week with a bang and back in action again. In fact the foundation was laid back already in the previous week itself.
📊 When I mentioned in the previous post that it may add a zero but that would be temporary and won't sustain long, it was actually coming. As a matter of fact it broke down the crucial support of $0.00001 just a week ago on Tuesday June 18, but bounced back immediately and closed above $0.00001075 which became resistance for some time, but settled again as the important support line.
✨ But as you can see in the chart, after Pepe closed above $0.00001075 forming a hammer (visit thread), it stayed above this support level throughout that week. Even the breakdown yesterday couldn't sustain for long and what a fine CANDLE formation appeared. It took support on the lower band, closed on a solid $0.00001134 yesterday and today went Boom 💥
A solid candle today with no lower shadow, easily breaking the bullish flag and pole, resistance of $0.000012 and the middle band (20MA), all these three crucial metrics.
Big cheers to those who bought at the low near those support levels of $0.00001and we will surely witness $0.000014 this week. But make sure if you're going long mind that leverage.
*This is not investment advice.
