Trade Analysis

As price becomes clearer PEOPLE coin so we present. The move up from the last swing low (wave 2-yellow) looks impulsive rather than being corrective hence why draw the path line and predict price to go higher $0.090 and price must not return to the invalidation level before that high ($0.091) is created. One good thing about this primary scenario is that it is extremely bullish like $1 bullish yeah.

The second scenario as shown on the chart is bearish short to mid term and that just tells us that the wave 2-yellow is not done yet and this move up is corrective rather than being impulsive making it the wave X-white and price will be returning to the 60-78% Fibonacci zone.

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