$PEPE " CPI - Dump /Pump ?????"
Healthy greetings to all of you
How was the party?? Disturbed isn't it?
Yes, that is proof that the crypto market is very vulnerable to big news, yesterday there was Mr. Powel testifies and Mr. Trump speaks.
And don't forget, today there is Consumer Price Index (CPI) data, be careful guys because this data is very important.
On the 1 hour time frame, after a very deep drop, the price is now still rising and falling in a small range, namely 0.00000972 - 0.00000927, conditions will change, or remain like this until the announcement of the CPI data.
You need to know, it is true that the price structure in the 1 hour timeframe is still bearish, whether it is the internal structure (white line) or the external structure (yellow line),
In the internal structure, if you want a bullish report, if the price has passed the 0.00001144 level, it is called a change of character. And if it breaks 0.00000845, then the price will most likely continue to fall.
In the external structure, if you want to be called bullish then the price must pass 0.00001478
However, in general structure is still bullish, especially on the 1 hour time frame.
In my opinion, bullish or bearish are just names, because under whatever conditions prices continue to rise and fall.
today I just wait and see !!!!
That's all for now, I hope this helps, as usual this analysis must be adjusted to your own analysis, trading plan and risk management.
Good luck guys!!!!
I know $PEPE🌟🌟🌟🌟