🔥 PEPE Waiting For Bullish Break Out: Great Reward Potential

2023年6月17日

Over the last couple of weeks I've made several PEPE analyses where I discussed a potential reversal of the trend. In the end it became clear that PEPE had to go lower first before a prolonged change of trend.

Still, I kept a close eye on the diagonal purple resistance line. At some point PEPE has to break through it, which can potentially kick off a major bullish correction after weeks of selling.

In case of a break out, the 200 area is still the target like before. SL around 93, could also be 82 for a less risky approach.

2023年6月17日

註釋

Breaking out as we speak

2023年6月18日

註釋

Break out has not been confirmed, no entry has been made

2023年6月21日

註釋

Break out confirmed. Currently looking at decent profits.