Pepe is extending higher within a projected bullish impulse as anticipated
|Cryptocurrency PEPE is moving nicely as expected since we shared an article here on FXstreet back on February 09, where we spotted nice and clean bullish pattern with inverted head&shoulders pattern. CLICK HERE.
PEPE Daily Chart From February 09
Later in March PEPE went massively up as expected, where we mentioned and highlighted an ongoing strong five-wave bullish impulse. We were actually tracking final stages of subwave (5) of 3.
PEPE Daily Chart From March 28
Later on April 18 we got that three-wave A-B-C corrective pullback within a higher degree wave 4 correction, right into ideal 38,2% Fibo. support, from where we expected a bullish continuation for wave 5.
PEPE Daily Chart From April 18
As you can see later on May 03, PEPE confirmed a completed wave 4 correction with a broken channel resistance line, so it was clear that wave 5 is already in progress.
PEPE Daily Chart From May 03
Today on May 30, PEPE is already at the highs for wave 5 as anticipated, but there can be still space up to 0,000020 – 0,000030 target area before it finds the top.
PEPE Daily Chart From May 28
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