Technical Analysis Update, Pepe Coin Today 02-05-2024
Hello Everybody Welcome to my blog. Today we are going to talk about the Pepe Coin
Hello this is totally manipulation do you remember that we talked about a descending triangle you moved up came down moved up continued sideways you broke to the downside you even made a retest even better is that you made the retest to come down to 5511 but you never never really came down to that technical Target you came to 5958 right so the main target was 54 5500 instead you just came to 5900 and then you pump back up and also you went back inside the triangle itself
If you start to see you know Pepe in the next few days I do believe that Pepe is eyeing to come up here and if you break above as well then there's a little bit of a bullish pattern on the 15-minute time frame
I want to show you very quickly and that is a bull flag right here do you see that boom and you do have something like this in some cases you may say that if you combine this and this and this that also looks like an inversed and shoulders this does look like an inversed and shoulders more than a flag so I'm just going to do that very quickly you have a reversal now so I'm going to take the trend line here and this is your neckline of course so the neckline shows that if you end up seeing pepep pushing up like this to 73 83 and go down for the retest then you probably have good chances of going from a technical Target now from there to there and you can see a price of 8482 and that's going to be a price increase of 18% so hopefully we start to break above and retest at 7,300 right now we're sitting at you know almost 7,000
I hope you like my post
Comments
Resteem