$PEPE Playbook Inverse Head & Shoulders Breakout 👊
I have to share this one because it's a perfect example of an inverse head-and-shoulders pattern.
Based on that the latest pump of PEPE was just logical.
When you look at the 4H chart, #Pepecoin has been starting to form a head-and-shoulders pattern at the end of March/beginning of April.
It reached the bottom by mid-April and continued to form the right shoulder at the beginning of May.
Here's the playbook part: After the neckline broke at the beginning of May, it retested this level before it finally took off.
➡️ If Pepe continues to follow the playbook, we should see gains of ~70% (measured based on the neckline), resulting in a price of approx. 0.000014.
