🐸 PEPE Making a reverse head and shoulder pattern ( 4h )
Updated
(( please read the description ))
❌ Note: Pepe is a meme coin and changes its trend with news, social networks, tweets, etc.❌
Hello friends and companions of Trading View
The bulls were able to find support just below the 0.786 Fibonacci level, moving the trend up to the 0.5 Fibo, creating a head and shoulder reversal pattern signaling a resistance test.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* Crossing the MA 50 resistance (blue line) is a sign of an upward trend (short term).
* The herd trades based on emotions
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
❌ Note: Pepe is a meme coin and changes its trend with news, social networks, tweets, etc.❌
Hello friends and companions of Trading View
The bulls were able to find support just below the 0.786 Fibonacci level, moving the trend up to the 0.5 Fibo, creating a head and shoulder reversal pattern signaling a resistance test.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* Crossing the MA 50 resistance (blue line) is a sign of an upward trend (short term).
* The herd trades based on emotions
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Order cancelled
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
Related publications
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.