FieryTrading

🔥 PEPE Inverse Head & Shoulders: Update!

Long
FieryTrading Aggiornato   
BINANCE:PEPEUSDT   PEPE / TetherUS
At the start of the month I made an analysis on PEPE where I discussed the inverse head & shoulders pattern that has formed. Risk-seeking traders could've made a killer-entry around the purple area for a decent +300%.


I think there's still more to this move. I'm looking at a 440 target for the next 1-2 weeks. Ideally paired with a neutral/bullish Bitcoin.

Be aware that the 440 all-time high area poses a risk to bulls, as it's a very strong resistance.
Commento:
400 hit, congratulations!

I expect a minor pull-back. Will post once I spot a good entry.

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