Hey traders what u think about PEPE ? is this still bullish ? i dont think so !! check the chart and lvls share ur chart and leave a comment
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breaking down TP 1 will b trend confirmation
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TP 2 cheers
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Hit the Traget 3 cheers
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there will b buy pressure at TP4 if we didnt break down in first touch, trade will b close wont risk for that pump also it can b good 4 scalp trades
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TP 4
Trade closed manually
still valid for the last target but i won't Risk this buying pressure iSo if 4H Candle close above this lvl, will b close manually
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tp 4
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as u can see, theres some buy pressure at this lvl we expect that move, it takes 2 or 3 touches, but were going 2 break it down finaly lets see what happens
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hmmm
Trade closed: target reached
Full Target cheers
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now we can take this green zone as potential resistance area wont b valid if break up uper purple line ( 0.00000108 ) at daily TF
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PEPE Lost the zone and dumped almost 28% below
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Also , zone working as resistance area as we expected
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PEPE have the chance pump 30% and test the broken zone one more time
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PEPE is pumping in lower TF almost 15% as we expected, there will b 2 target same as the chart
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hit the first target , 27% up
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Broke the first lvl, zone will b max and last pump
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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.