peipei → this coin has potential to hold but wait...

Updated
hello guys,
let's dive into PEIPEIUSDT analysis:

technical point:
1- it is in a descending channel!
2- it is forming a head and shoulders pattern!
3- there is a reachable area in front!

the key areas to watch:
1- waiting for a broken channel!
2- waiting for a broken neckline!

targets for the long position:
1- 0.0000017 area as the target of the head and shoulders pattern!
2- 0.0000024 area as the previous engulfing and a reachable area!
Note
snapshot

it hasn't broken the neckline so far!
Trade active
snapshot

it was activated and now it toward the target

#peipei
Trade closed: target reached
#peipei #peipeiusdt hit the first target

snapshot
Beyond Technical AnalysisChart PatternspeipeipeipeicoinpeipeiusdPEIPEIUSDTTrend Analysis

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