PEPE / TetherUS
Long

PEPE COIN Rally Update!

331
Hey friends hope your well and welcome to the new update on a PEPE.

A channel, and Inverse Head & Shoulder move:

Earlier I shared an article in which I explained how PEPE broke out a channel and after the break out it was about to break another Inverse Head and Shoulder pattern, if you missed the previous post then below is the link:
PEPE breaks out / high risk / high reward setup.



Bull flag:

Finally the priceline broke out the resistance of the inverse Head & Shoulder pattern and rallied well. From the low of June up till the high of July it was more than 131% move, and during this move PEPE formed a bull flag, which is a clear signal for the continuation of this rally.
snapshot

Another channel breakout:

After breaking out the bull flag on a 4-hr time frame, the priceline of PEPE formed another down channel. After breaking out this channel the target was to $0.00000188, and PEPE has reached the aforementioned target.
snapshot

A harmonic bullish reversal setup:

After the break out from the aforementioned down channel PEPE coin has formed a harmonic bullish reversal Gartley pattern, and if you would like to trade this pattern then below is the link for a details trade setup:
Pepe Token formed another bullish Gartley for upto 23.50% pump


Key resistance:

After breaking out the bull flag and aforementioned channel, the priceline of the famous meme coin is struggling to break a long term resistance of $0.00000190, and if PEPE breaksthis this key resistance then it will continue this massive rally.
snapshot

Conclusion:

PEPE is continuously breaking down different resistance levels on different time frames, therefore, there is a very high probability that soon it may also break out the key resistance of$0.00000190 and after breaking out this resistance we may see more powerful pump.

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.