I wanted to record a brief video of my thoughts for PENGU and where we may be headed. This is an overall compilation from the previous charts shared and how/why I feel this was a good entry for a run towards ATH on this chart. It looks to me that we have a strong support level that has formed along with a quick wick testing a previous weekly level. Right now we seem to be in a small range and in need of some momentum to begin a strong move as this coin has been recently known to do. With it being a Sunday I am not sure we get it today, but would love to see it! Alerts set for confirmations for both right and wrong scenarios on this trade idea as always. Enjoy your weekend!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.