Pepe looking suspect, in the short term
Based on the 1h timeframe pepe is actually looking bullish, propbably because it's the weekend, Inverted cat ears pattern playing out potentially at the bottom of channel, I actually closed my position and went long, What I think could transpire is the following , they run it to measured move of the cat ears pattern which also correlates with the top of the wedge price is trending in, once price go to my measured move, I will reopen my short position. right around 0.000001384. I have noticed any time you see the BTC drop most of the time the altcoins will follow suit. When that does not happen sirens start going off, because they are basing up price for something or else it would have dumped when BTC did. Happy trading folks, my stop is at 0.0000012845
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.