DrDovetail

Pepecoin Confirming Inverse Head & Shoulder Breakout

DrDovetail Updated   
CRYPTO:PEPEUSD   Pepe
I’m not one to trade random meme coins but in these phases of the bull market people can get pretty lucky on them. Though I don’t trade this coin I wanted to at least chart it when I saw the inverse head and shoulders pattern breaking out. Still plenty of gains left in the current breakout target. *not financial advice*
Comment:
Always a chance this could correct hard enough to retest the neckline before more upside. SiaCoin just did that very thing. If it did retest the neckline (likely as support) that would simply be a gift to be able to ladder in at that point and experience 10% of the measured move target’s gains.
Comment:
Typo on the comment above should say 100% not 10%
Comment:
Target has been hit with exact ick precision!
Comment:
*wick precision :P
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.