$PEPE
Hi all,
I'm an amateur trader and I'm writing to help who knows less than me and to get some advice from who knows more.
Talking about #PEPE, as you can see in the chart, I have found some resistance and support line. The white line is most deep support and I found it looking back of few days and after the price went above of it seems to not want to go back below anymore. Talking about today I've seen the price moving in the range between .0770 and .0902. before entering the market, my strategy, is to wait for a confirmation candle with green volume above the resistance of .0786, if the pattern shows up I would enter with the stop loss at .0720 and the first take profit with 20% of the investment at .0851 right below the resistance line of .0855, than, the next take profit will be at .0899, below the .0902 resistance line, with the 50% of the investment, than 20% at .0939 and 10% at .0989.
Looking back about few days we can see the price is moving around that range so it could be a good way to take some profit even without a big movement.
let me know what you think about my strategy and analisys and if you find it halpful or full of mistakes. If you found this guide helpful, consider showing your appreciation by tipping via Binance's Tipping feature. Your support fuels the creation of more high-quality content
