PEPE Looks Clearly Bullish

Cryptocurrency PEPE looks clearly bullish from Elliott wave perspective. After a completed A-B-C correction in mid June, we saw nice and clean five-wave bullish cycle into wave A/1 till the beginning of July. Since the beginning of July, we can now see it now finishing a three-wave (A)-(B)-(C) correction in B/2 that can find the support here around 0.012 – 0.010 support area before a continuation higher within higher degree wave C or maybe even wave 3 of a five-wave bullish impulse.

(Click on image to enlarge)

pepe4h


More By This Author:

Commodities Are Waking Up From The Support
Crypto Market Is Getting Ready For A Bullish Continuation
Gold Can Be Unfolding A Five-Wave Bullish Impulse From Projected 1900 Support

How did you like this article? Let us know so we can better customize your reading experience.

Comments