PEPE just passed major Gann resistance and competed bullish harmonic. Looks promising! Possible resistance at 14k sats... after that this is an intermediate move up for 100% gain. Could go higher... With a harmonic like this just starting to move, be careful of possible retracement. My hunch is there may be a possible spike back down before the rally to the upside. This will be the blue box area...but overall sentiment is extremely bullish long term.
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The reason for possible retracement is the price has not gone above the IM system yet- still below the cloud on the daily.
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for clarity the retracement can take place anywhere in the margins of the blue box.
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Expected dip back into the blue box... washing out late buyers.
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Retrace looking good.
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Price continues up... but Caution there may be a 2nd retrace around 12800 sats. Sending price back down to approx. 11150 sats before an aggressive move back upward to follow the green line.
Trade active
good buy region right now on PEPE at 940 sats
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PEPE about to make a good swing upside to get back into the pattern.
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new chart posted here
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targets surpassed on PEPE.. great action going on... The new chart posted is on smaller time frame, this one provides a bigger 1 Day perspective. I may repost another longer term as I think PEPE may have a little more upside.
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