Technical Analysis Update, Pepe Coin Today 28-08-2024
Hello Everybody Welcome to my blog. Today we are going to talk about the Pepe Coin
Hi, friends What is going on with Pepe and what is the next move for Pepe now we got a little bit of a pump and I think now that Pepe has made it very very clear that it does not want to go back up and what I mean by this is that you're making a red candle then the second and the third candle which are three black crows and this here is expected to be green like after you have three red candles the fourth one is expected to be green and then from there the next coming days you're going to see a continuation of a downtrend
I see that's the first problem the second problem is the wick okay this Wick is obvious that they want to fill it I mean if you've been in crypto for maybe one year you do know this you must know these Wicks they always try to feel the Wicks. Wicks are still an open invitation for trouble if you look at Wicks it just gives you the whole damn idea sometimes you just don't even need ta it can be as simple as just looking at how a wick looks for you to know something is not good that something is wrong and I can say this for certain that I have a very strong belief we're looking for the wick to be filled and this is going to be 5917
So not only just fill but people have Wicks here and they have the stop losses below the Wicks right so you do have huge liquidation areas downright over here which is nearly 4652 so I think if you start to come down right here's the next move I guess you take the wick and I think that's you're coming down to 4789
Which price is the right price to buy it?