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UncleSurfer

Huge Spike for #PEPE/USDT

Long
Pepe/Tether (GATEIO:PEPEUSDT)  
UncleSurfer Updated   
GATEIO:PEPEUSDT   Pepe/Tether
Technical Indicators Chart Patterns Trend Analysis pepecoineth pepecoin PEPEUSDT pepesignals pepelong pepe bitcoinprice cryptomarket cryptonews
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indicator chartpattern trendanalysis pepecoineth pepecoin pepeusdt pepesignals pepelong pepe bitcoinprice cryptomarket cryptonews
A huge spike is unavoidable for #PEPE/USDT. Here are the reasons:
1. We are in a strong support zone.
2. We broke downward channel resistance.
3. Spotted 2 bull divergence.
4. Binance is stopping PEPE loans this week, which means people who got loans in PEPE, now they need to buy again and repay the loan, which will lead to buying pressure!
5. Overall Crypto market seems healthy and if BlackRock gets ETF, then the whole crypto will launch, and so will PEPE.
Last and not least, PEPE is trending for more than 2 months and price spike will bring more interest.

p.s. DYOR and invest based on your research.
Comment:
First Resistance has been just hit, better lock the profits, wait for prices to calm down, and then buy it.
The price might hit 0.0000013 again, so I think it would be a good entry again.
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