PENGU like so many other coins suffered a "recent" price drop -
more of an "artificial" correction along with the crypto alt coin market
Along with other bigger MEME coins like TRUMP , Pudgy Penguins have a change to print a
reversal pattern now at a critical point with the 1day EMA
Like the other mid and smaller cap alts ,PENG is "having" a pullback to a prior support level
and everybody is waiting for the real signal (no more fake ones please) above the 1day EMA
Structural targets on chart made with basic fib tool !
🍀For any help leave a comment
more of an "artificial" correction along with the crypto alt coin market
Along with other bigger MEME coins like TRUMP , Pudgy Penguins have a change to print a
reversal pattern now at a critical point with the 1day EMA
Like the other mid and smaller cap alts ,PENG is "having" a pullback to a prior support level
and everybody is waiting for the real signal (no more fake ones please) above the 1day EMA
Structural targets on chart made with basic fib tool !
🍀For any help leave a comment
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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.