LIVE$PEPE mid term update:
moved down as expected.
support line which I draw in post which I reposting played out perfectly too. if you would put buy orders, you could fix good fast profit now.
currently indicators are refreshed and from overbought turned to neutral. it's ok time to buy it here. not perfect one but ok (at least not ATH 🙂) perfect time to buy will be when indicators will turn to oversold on daily.
but if you ask me, i am a trader so I would long it only after it will break the triangle up coz still possible break support line down and in this case things will looks very sad. not high chance but still
now no position as pepe moving in the middle of triangle and probably it will come to check support line again. weekends probably will be flat.
will see by situation.
my analytics is free however if it was helpful please press tip below to support my channel ♥️
LIVEi can't say it looks very bearish, but i still think it's too early for pepe to continue move up from here.
good entry in long position will be at the support line which i draw on picture . it's -25% from here so i am not feeling long here for long term is safety. due to $BTC move i think pepe will check this support soon.
in case if BTC keep stable today , weekend may be small alts party and pepe may growth. so short mood invalidated tomorrow
#pepe #pepeusdt
LIVE