ðĨ PEPE Inverse Head & Shoulders: Bulls Be Ready!
PEPE has been consolidating all week. The most likely outcome is that PEPE will simply continue to go up over the next few weeks, but I want to prepare in case it doesn't.
In case that PEPE has topped (and BTC will go down), I'm looking at an inverse head & shoulders pattern to potentially play out over the next few months. My risky entry will be around the 82 level (June lows) with a target at 440.
Patience is key on this trade. If PEPE will make a new high in the next few weeks this signal will be cancelled.
In case that PEPE has topped (and BTC will go down), I'm looking at an inverse head & shoulders pattern to potentially play out over the next few months. My risky entry will be around the 82 level (June lows) with a target at 440.
Patience is key on this trade. If PEPE will make a new high in the next few weeks this signal will be cancelled.
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