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FieryTrading
May 8, 2023 1:34 PM

🔥 PEPE Falling Wedge: Ideal Reversal Point 做多

BINANCE:PEPEUSDT60
PEPE / TetherUSBinance

描述

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PEPE is one of the hottest tokens at the moment, which makes it a very attractive token to scout for potential entries.

PEPE has hit its first hourly oversold moment since it started trading on Binance. This has often been a great time to step into volatile tokens.

Furthermore, PEPE appears to be trading in some sort of falling wedge pattern, which is a bullish reversal pattern.

If BTC will stop dumping, I'm confident that PEPE will move towards the top resistance of the pattern, potentially even break out through it.

评论

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RIP.

评论

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4H oversold bounce happening as we speak. Could be a longer-term bottom, but we have to see.
Trend AnalysisChart PatternsTechnical IndicatorspepeflokimemetokensmemestocksMEMEusdtBitcoin (Cryptocurrency)crypto
评论
Solldy
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Thanks for sharing your view of technical analysis) I look forward to more analysis of this asset!
ProjectSyndicate
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strong compression in progress
TradingShot
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Solid technical pattern, I've seen it work countless times on other assets as well.
LegionQ8
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great buddy, I think you are right
CobraVanguard
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great lovely
DeGRAM
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Thank you. Like it
TradingBrokersView
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Noted, let's see how it goes.
TheCryptagon
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Very good analysis, thank you.
WalterMoon
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Nice PEPEUSDT explanation mate
InvestingScope
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Not the most common proposition based on the current market conditions. Generally, it is possible assuming all arguments work out, so thumbs up just for this!
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