Just now, I got on the train again. Pepe may reach around 0.186 between 4 and 8 am on June 9!
Reasons:
1. The 1-hour cycle touched 0.01397 three times without breaking, and the support level is obvious;
2. The 4-hour cycle just stepped on the moving average EMA (99) (I didn’t open the moving average here);
3. It is currently in a complex correction in an upward cycle, and the downward momentum has weakened, and there is a divergence;
4. From the perspective of form, it currently meets the Wolf Wave-Wolf Wave long structure. The only shortcoming is that there is no obvious golden K after the five waves have overshot;
5. The profit and loss ratio is 1:10, the stop S space is small, and the profit is large!
The market may not necessarily proceed according to your deduction, but we should have our own reasons for entering the market for each transaction, as well as the response strategy after the market deduction fails, whether to choose revenge. The trading market is always just a high-probability event, there is no absolute, we should always be in awe, this article does not constitute investment advice, enter the market with caution! $PEPE