PEPE new high short-term?! Breakout potential! 07.05.2023
Will keep this short.
Market cap is passed 1 BILLION, Binance has it listed.
Huge whales buying into it.
Technicals:
We have an ascending trend-line with consistent higher highs and lows.
We have a falling wedge pattern with a close above resistance.
MACD showing bullish divergence
RSI showing bullish divergence
Close above 0.0000030 on 1H close could be signal for strong buy entry
Close below 00000025 on 1H close could be shift of trend to sell/short down to 0.0000019
This is not trading advice//Purely educational//Pure speculation//Do your own research//Invest wisely and be cautious
Market cap is passed 1 BILLION, Binance has it listed.
Huge whales buying into it.
Technicals:
We have an ascending trend-line with consistent higher highs and lows.
We have a falling wedge pattern with a close above resistance.
MACD showing bullish divergence
RSI showing bullish divergence
Close above 0.0000030 on 1H close could be signal for strong buy entry
Close below 00000025 on 1H close could be shift of trend to sell/short down to 0.0000019
This is not trading advice//Purely educational//Pure speculation//Do your own research//Invest wisely and be cautious
Trade closed: stop reached:
Drop below 0.000025 (ascending trend-line) continued with sharp continuation down as expected