The same analysis that I made for Dogecoin is true here on PEPEUSDT.
We have two support zones. We have lower highs long-term, starting December 2024 (six months is already long-term), and short-term, June vs May.
What we are seeing is a repeat of the December correction but a miniature version. The bullish wave that follows will be a repeat of the April-May advance but with total growth highly magnified.
So the correction will end up being much smaller while the bullish wave that follows much stronger. Alternation.
If you want more information on price action, what is happening, read all the recent charts I just published. The situation across several projects is quite similar, at least the ones I've been seeing.
The duration of the correction will vary between a few days to a few weeks. Some pairs are already at bottom and will recover soon while others still have a long way to go. Those that grew nicely recently will remain lower, those that didn't grow will move up strong first.
Each chart needs to be considered individually but that's the general picture. You can find which ones will move first on the next wave based on recent past action.
Thank you for reading.
Namaste.
We have two support zones. We have lower highs long-term, starting December 2024 (six months is already long-term), and short-term, June vs May.
What we are seeing is a repeat of the December correction but a miniature version. The bullish wave that follows will be a repeat of the April-May advance but with total growth highly magnified.
So the correction will end up being much smaller while the bullish wave that follows much stronger. Alternation.
If you want more information on price action, what is happening, read all the recent charts I just published. The situation across several projects is quite similar, at least the ones I've been seeing.
The duration of the correction will vary between a few days to a few weeks. Some pairs are already at bottom and will recover soon while others still have a long way to go. Those that grew nicely recently will remain lower, those that didn't grow will move up strong first.
Each chart needs to be considered individually but that's the general picture. You can find which ones will move first on the next wave based on recent past action.
Thank you for reading.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
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)
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.