PEPE Is In Strong Five-Wave Bullish Cycle As Expected
We have been tracking PEPE coin for a while. Back on February 9th we have spotted and shared with our members pretty nice and clean bullish setup formation with inverted head$shoulders pattern, which was looking for a jump into wave C or 3.
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As you can see today after almost two months, PEPE is extending strongly higher, which is signal for wave 3 of a new five-wave bullish cycle. Currently we can just see it making a pullback in subwave (4), so it can be still eyeing 0.000013 – 0.000016 area for wave (5) of 3, just be aware of more complex or maybe even higher degree wave 4 correction before the uptrend for the 5th wave resumes.
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On the date of publication, Gregor Horvat did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.