PEPEUSD – Trying to Snap the DowntrendPEPE unraveled from $0.00001320 back to $0.00001167 support. Now attempting to grind higher, with RSI curling upward and price forming a short-term uptrend. If it breaks $0.00001214, this could become a breakout attempt. But overall trend is still corrective below $0.00001248.
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Test and now retestI am still that once Pepe has broken out its symetrical triangle its target is 0.000040. A prove of this is the test and retest of that symetrical triangle.
If I am right, Pepe has made a retest at 0.00001170 and now is ready to continue its bullish momentum.
And yes, I know. Absolutely, Pepe needs
Don´t worry. It is only a question of testsFrom my point of view Pepe is only testing previous resistances. There is another major test, but I don´t think it will go there. However, because everything is possible if Pepe retraces even more, my target will be around 0,0000085. If that support is broken down... yes, I wouldn´t like to see that
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Pepe needs to breakout this symmetrical triangle0,00012 seems to be a difficult barrier. However, if it is broken and retested as a support we could see in a near future 0,000039 as target of his symmetrical triangle. I am still positive and holding my position at 0,0000075, but undoubtably right now, we have to buy time and be very patiente.
PEPE/USDExpecting something like this on most alts.
I've been waiting patiently for a real correction in everything, but my timing was drastically off. Looks like FOMO is still in charge. My guess, stock market to ATH after ATH for a while and a final wave of FOMO for crypto will enter the air.
I believe
A map of PepeusdtA right and left shoulder is made + head + Elyot waves analysis. This is a corrective rise and not a motive .. The movement
It is expected to land on the area specified below in the coming weeks
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be
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