PEPE, the eight-wave pattern is basically completed.
PEPE has always been a relatively resistant currency. Basically, it will rebound quickly when it is inserted near 10. Recently, it has formed a head and shoulders top pattern, and its neckline is near 102. At the same time, combined with the Elliott Wave Theory, it is currently in the C wave of the falling wave. If it experiences another round of decline, its eight-wave trend will be completely ended and a new round of eight-wave pattern will begin.
The overall idea of making orders is still to buy high on dips. In simple terms, the head and shoulders bottom is bearish and the C wave is also falling, but combined with the previous price levels, its decline is relatively limited. When the price reaches 10, you can basically start to buy. If the risk is a little bigger, you can buy a part near 11.
