I bought at a rise and lost almost 100$ should I leave them or what should I do buddy?
Angel Samayoa
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Technical Analysis $PEPE 📉
$PEPE It seems that it will continue correcting in the coming days, according to what we can observe in the technical analysis; EMA shows us the upward crossover since July 9 and until the end of the 22nd and the beginning of the 23rd the correction started according to what we can observe with our Heiken Ashi candles. Additionally, the MACD begins to lose strength on Thursday the 17th, and we can see how it starts to fall from Tuesday, July 22. Currently, in MACD, we are at 7725 (blue) points on a downward trend to cross 7244 (orange) points to confirm that MACD may fall or come close to 0, which gives us a quite broad opportunity to operate in this market. Moreover, the RSI shows that it reached overbought levels, so $PEPE it could be confirmed that it will fall, with the RSI currently at 54.13, still having 24.13 points to fall to enter the overbought zone.
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