Yesterday, Pepe hit a new All-Time Low, 21-September.
Today, Pepe starts growing really strong which can be read as quite positive for its trading pair, PEPEUSD.
A strong reaction right after a new All-Time Low is hit can be quite good, as a bottom can be easily confirmed.
We also have a broken descending channel or falling wedge, the potential is up.
Here we go:
✔️ 1) As long as PEPEUSD trades above its 21-Sep low (0.0000006018), we adopt a strong bullish bias. Any trading above this level and we are super bullish.
✔️ 2) If PEPEUSD moves and closes below yesterday's low, the bears are back in control. Notice that a wick can happen and this wouldn't invalidate the bullish potential. In fact, I would use multiple weekly close below the last low to see the bears back in the game.
As it is now, Pepe is ready to end its downtrend and produce a bullish wave. This is not surprising, I've been sharing many Altcoins that are doing the same.
➖ What about Bitcoin?
Bitcoin won't be left behind, Bitcoin will also grow.
Namaste.
Today, Pepe starts growing really strong which can be read as quite positive for its trading pair, PEPEUSD.
A strong reaction right after a new All-Time Low is hit can be quite good, as a bottom can be easily confirmed.
We also have a broken descending channel or falling wedge, the potential is up.
Here we go:
✔️ 1) As long as PEPEUSD trades above its 21-Sep low (0.0000006018), we adopt a strong bullish bias. Any trading above this level and we are super bullish.
✔️ 2) If PEPEUSD moves and closes below yesterday's low, the bears are back in control. Notice that a wick can happen and this wouldn't invalidate the bullish potential. In fact, I would use multiple weekly close below the last low to see the bears back in the game.
As it is now, Pepe is ready to end its downtrend and produce a bullish wave. This is not surprising, I've been sharing many Altcoins that are doing the same.
➖ What about Bitcoin?
Bitcoin won't be left behind, Bitcoin will also grow.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.