Dont fade $pepe
Updated
Hey all just wanted to share an idea for pepe. A simple long or short setup.
Overall I am BULLISH on pepe. The community has rallied around everyones favorite meme. Holders are waiting for Coinbase and/or Robinhood to list. I would expect this to be very bullish when it happens.
-Only just over 30 days old
-1B MC in 19 days
-113K on Chain Holders
-Pepe the frog was created by artist Matt Furie, both are loved by ALL. Non crypto and crypto enthusiast.
-T1 exchanges already listed - Binance, Gemini, Kucoin, OKX, Cryptocom and many others.
-Leading daily volume for "meme" coins
-Very VERY strong community that will defend at all cost
-Contract renounced, no central ownership, community had first dibs not influencer created
DO YOUR OWN RESEARCH / PAPER TRADE IDEAS
Overall I am BULLISH on pepe. The community has rallied around everyones favorite meme. Holders are waiting for Coinbase and/or Robinhood to list. I would expect this to be very bullish when it happens.
-Only just over 30 days old
-1B MC in 19 days
-113K on Chain Holders
-Pepe the frog was created by artist Matt Furie, both are loved by ALL. Non crypto and crypto enthusiast.
-T1 exchanges already listed - Binance, Gemini, Kucoin, OKX, Cryptocom and many others.
-Leading daily volume for "meme" coins
-Very VERY strong community that will defend at all cost
-Contract renounced, no central ownership, community had first dibs not influencer created
DO YOUR OWN RESEARCH / PAPER TRADE IDEAS
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Not a bad response this morning. Also added a trend line that been followed nicely so far. https://www.tradingview.com/x/DEuqMcXJ/
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Kraken Listing - 1750 taggedhttps://www.tradingview.com/x/PEfaAbbA/
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12hr trendlinehttps://imgtr.ee/images/2023/05/17/vuVD7.png
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Short was triggered. IF .0000013 breaks down then .000001 possible. Keep your eye on BTC for overall market direction. Would like to see strong volume at this level and reclaim of .0000016 BTC retesting $25,500K-ish would be bearish in my opinion
NFA
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PEPE really needs to reclaim .000001475 ish area. All eyes on BTC at the moment. If we truly are in a bull trend then 27K could confirm thesisComment
Very nice 4hr chart - We observed BB pinching on 1hr and reclaim above .000001475 is a good start to the weekend.Disclaimer
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