PEPPE Parobolic Pump Still GoingPeppe has become the lastest meme coin to beat the odds of mass adoption. In just a little of 2 weeks it has seen what is a clear parobolic pump and is currently sitting up over 4000% since launch.
The question is how far can a silly meme coin with no real utility go? Past experience with top memes like shiba and doge had proven that they can go alot farther than one thinks very very quickly
This is an hourly line chart we have been using to measure the momentum of price change verse time.
Using the circle tool to match the curvature of the price action and splitting it evenly into 15 degree sections as usual has provided very accurate significant price levels and time periods to gauge the progress of the pump.
The circle tool on trading view is not fixed and any zooming in or out and it will lose its aspect ration. If the circle on the chart is not perfectly positioned inside the red square zoom in or out to adjust. Each point where an angle line crosses the circle is repeating pattern in the time vs price cycle.
This a meme coin and when it is done the crash will most likely be quick and violent. Price is currently pumping on this parobolic curve but when it falls out distribution of large holders will be heavy.
Take your profit when the time comes or somebody else will.
If anybody out there know how to code a circle tool like this that is scalable and fixed let me know in the comment section.
Parobolic
AMC Decision Time!Hello Community!
AMC has had a very strong run all last week. It is currently trading in a bull flag pattern and is at a crucial point at the bottom of the triangle. If it fails this support we can expect the price to drop down to the yellow S/R line shown or the 55EMA. Covid-19 is slowly becoming less of a major topic and movie theaters are beginning to pick up in sales, so I wouldn't be surprised if this continues to grow. I'm not 100% sure though but if it bounces successfully we can expect a battle at the top of the triangle before breaking through to retest the previous high. Let's see. If entering a trade don't forget to use a stop loss. Don't trade with what you're not willing to lose.
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This is not financial advice.
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