Today I want to look at the PEPE token(
PEPEUSDT), which is part of the memecoin category, and provide you with a short-term analysis on the 1-hour timeframe.
PEPE token is trading in Potential Reversal Zone(PRZ)[$0.0000133-$0.0000128].
In terms of Elliott wave theory, the PEPE token appears to be completing the microwave 5 of the main wave C. The structure is a Zigzag Correction(ABC/5-3-5).
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect the PEPE token to attack the Support zone($0.0000120-$0.0000108) after completing the main wave C.
Note: Stop Loss = $0.0000362
Please respect each other's ideas and express them politely if you agree or disagree.
Pepe Analyze (PEPEUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
PEPE token is trading in Potential Reversal Zone(PRZ)[$0.0000133-$0.0000128].
In terms of Elliott wave theory, the PEPE token appears to be completing the microwave 5 of the main wave C. The structure is a Zigzag Correction(ABC/5-3-5).
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect the PEPE token to attack the Support zone($0.0000120-$0.0000108) after completing the main wave C.
Note: Stop Loss = $0.0000362
Please respect each other's ideas and express them politely if you agree or disagree.
Pepe Analyze (PEPEUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Position was activated in Potential Reversal Zone(PRZ)[$0.0000133-$0.0000128]Note
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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.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.