Pepe has been in a 2 month range. Throughout the range I can see that there was market participants accumulating supply (check OBV).
I'm looking to play this breakout, stops set on 1x ATR. If it doesn't break, good, let it range more, and then we'll come back to the next time that it will breakout. Either-way if given that PEPE ranges for longer in a bull market, it will be good to catch the next breakout, since the longer the range the nastier the breakout.
There are a few other catylsts as well to push the price up (CB listing, etc.) I have not taken that into account and this is purely a price/technicals based entry.
I'm looking to play this breakout, stops set on 1x ATR. If it doesn't break, good, let it range more, and then we'll come back to the next time that it will breakout. Either-way if given that PEPE ranges for longer in a bull market, it will be good to catch the next breakout, since the longer the range the nastier the breakout.
There are a few other catylsts as well to push the price up (CB listing, etc.) I have not taken that into account and this is purely a price/technicals based entry.
הערה:
Pepe is currently trying to breakout. Let's see how this goes.
הערה:
My stop loss will probably be hit tomorrow if this breakout is not successful.
הערה:
I expect a red candle to retest any moment.
הערה:
Red candle is here! Now we wait
הערה:
Long awaited retest comes.. Lol, probably a good time to pyramid longs
הערה:
NGL chart structure loooks good and all, I might consider adding to my position here.
הערה:
I have added to my long position. Godspeed.
הערה:
Also I got stopped out btw. Good trade la, wished it could have been longer.
העסקה בוטלה באופן ידני:
+5. something R forgot lol