PEPE - what goes up, must come down
Now you might've read the title and thought to yourself, this guy said so, therefore it should happen!
NO
This is not the case. More accurate title in trading terms would be "what goes up, could come down", as there are no certainities in trading.
NEVERTHELESS
Seeing that Pepe is having trouble holding the 0.0..015 level as support, it could mean the next meaningful move is to the downside.
My target would be the lower level of 0.0..105 (or 0.0..01 if you want to round it out)
AS ALWAYS
This is not a trade recommendation, but merely just an idea.
Good luck!
NO
This is not the case. More accurate title in trading terms would be "what goes up, could come down", as there are no certainities in trading.
NEVERTHELESS
Seeing that Pepe is having trouble holding the 0.0..015 level as support, it could mean the next meaningful move is to the downside.
My target would be the lower level of 0.0..105 (or 0.0..01 if you want to round it out)
AS ALWAYS
This is not a trade recommendation, but merely just an idea.
Good luck!
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