evasivesteering

PEPE is about to break

evasivesteering 업데이트됨   
BINANCE:PEPEUSDT   PEPE / TetherUS

PEPE has lost 80% of value since being listed.

Today, with the rise of BTC, PEPE is at the breaking point to escape the descending broadening wedge pattern.

On 12TF, the volume indicators CMF and MFI had already broken their trendlines. This implies that buy pressure has increase slowly and possibly the local bottom is set.

A trade setup is as in chart with TP (blue lines) and SL (red line)


액티브 트레이드
코멘트:
+13% since entry

The break-out was done without big volume and BTC faces strong resistance at $30000.

Be ready if PEPE would retest the broken trendline.
코멘트:
+26% since entry
TP1 done
코멘트:
+48% since entry
TP2 done
코멘트:
+58% since entry
TP3 done
코멘트:
If PEPE would reach the final target $0.000002 on weekend?
20% more to go!
코멘트:
PEPE has been consolidating during these weekends. It's likely that a bullish pennant is being formed. Another leg up to surpass the final target?

코멘트:
PEPE is breaking out the bull flag (updated)
코멘트:
The bull flag has failed. Here below what i'm watching: the current support 0.00136 should hold so that consolidation continues before a potential leg-up.
코멘트:
PEPE is bouncing well

코멘트:
Update:
코멘트:
PEPE is still in consolidation for another leg up, in my opinion
코멘트:
SOS (Sign Of Strength) is on-going
매매 수동청산:
I closed this trade due to weakness of BTC

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