Bull flag or pennant at 1000PEPE
Updated
Why not?
Pepe has been making me happy with intraday trading for the last six months for sure.
So why not?
On the wave of a good bullish trend and the fall of Bitcoin dominance, you can build a fairly simple, I would say, textbook pattern of a flag or pennant.
Let’s take the exit from the sideways trend as the base, the potential take of the pattern is 0.03999.
On the daily timeframe, the RSI has not even reached 90 and is very far from a technical break in the trend.
I assume the pattern will work.
Pepe has been making me happy with intraday trading for the last six months for sure.
So why not?
On the wave of a good bullish trend and the fall of Bitcoin dominance, you can build a fairly simple, I would say, textbook pattern of a flag or pennant.
Let’s take the exit from the sideways trend as the base, the potential take of the pattern is 0.03999.
On the daily timeframe, the RSI has not even reached 90 and is very far from a technical break in the trend.
I assume the pattern will work.
Trade active
The flag did not work as expected, but the bottom was clearly marked.
Those who bought at 0.018 can already lock in +50% profit.
No leverage, just think about it.
Bull Market Magic
Trade closed manually
In theory, we have +50% of the idea))
Those who don’t want to don’t have to close it and just wait for the mark. But we have a new figure, a cup with PEPE))
New figure, new entrance, new goal.
We close it manually.
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