Hello, friends!
This is ESS team.
Let's check the 1000PEPE chart.
In the 4-TF, PEPE is drawing a RISING wedge.
While PEPE is rising with a high point within the wedge,
There is a divergence with a LOW high point in RSI.
If the PEPE rises in the wedge and makes a high point,
but in the RSI,
the high point falls once again,
There is a possibility that it may drop due to the nature of the rising wedge.
So, Please refer to this.
This is ESS team.
Let's check the 1000PEPE chart.
In the 4-TF, PEPE is drawing a RISING wedge.
While PEPE is rising with a high point within the wedge,
There is a divergence with a LOW high point in RSI.
If the PEPE rises in the wedge and makes a high point,
but in the RSI,
the high point falls once again,
There is a possibility that it may drop due to the nature of the rising wedge.
So, Please refer to this.
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