The overall market is shaky and btc will be a driving factor whether Pepe can pump with bullish momentum. With this said we have flashed a golden cross which is a good indication that momentum could be building. When we mix this with oversold ti on most time frames and a few bullish divergences showing, I feel Pepe could be ab to break out of our falling wedge pattern. Breaking our rsi downtrend on the daily will be a good starting point to gauge further market sentiment. Wait for confirmation.
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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.