Support is now confirmed with four green days after EMA55 and EMA89 hold as support. PEPEUSDT is bullish now and set to grow.
The peak happened 24-May. The low 5-June.
This retrace lasted 13 days with a total drop of 36%. For future reference.
After each bullish wave, there is always a retrace or correction. In this case only a retrace because the bullish cycle is just getting started, the previous wave of growth was very small.
The next advance will be very, very strong so we can expect a correction after it. The difference between the retrace and a correction is about size. The correction lasts longer and goes deeper, that's all there is.
Expect maximum growth now but this won't be the end. It will grow super strong in the coming weeks and months, then we get a correction and then even more growth. But the fifth wave is the last one, after this we get a bear market so pay attention.
Pepe's support has been confirmed. This bullish continuation will turn the market full green.
Follow me to trade with me and win.
Namaste.
The peak happened 24-May. The low 5-June.
This retrace lasted 13 days with a total drop of 36%. For future reference.
After each bullish wave, there is always a retrace or correction. In this case only a retrace because the bullish cycle is just getting started, the previous wave of growth was very small.
The next advance will be very, very strong so we can expect a correction after it. The difference between the retrace and a correction is about size. The correction lasts longer and goes deeper, that's all there is.
Expect maximum growth now but this won't be the end. It will grow super strong in the coming weeks and months, then we get a correction and then even more growth. But the fifth wave is the last one, after this we get a bear market so pay attention.
Pepe's support has been confirmed. This bullish continuation will turn the market full green.
Follow me to trade with me and win.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
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🚨 FREE Quality Content + New Results
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t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
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.