🐸 PEPE Making a reverse head and shoulder pattern ( 4h )

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❌ Note: Pepe is a meme coin and changes its trend with news, social networks, tweets, etc.❌
Hello friends and companions of Trading View
The bulls were able to find support just below the 0.786 Fibonacci level, moving the trend up to the 0.5 Fibo, creating a head and shoulder reversal pattern signaling a resistance test.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* Crossing the MA 50 resistance (blue line) is a sign of an upward trend (short term).
* The herd trades based on emotions
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
❌ Note: Pepe is a meme coin and changes its trend with news, social networks, tweets, etc.❌
Hello friends and companions of Trading View
The bulls were able to find support just below the 0.786 Fibonacci level, moving the trend up to the 0.5 Fibo, creating a head and shoulder reversal pattern signaling a resistance test.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* Crossing the MA 50 resistance (blue line) is a sign of an upward trend (short term).
* The herd trades based on emotions
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all tradesPublications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.