Technical Analysis

PEPE Is Extending Higher Within A Projected Bullish Impulse As AnticipatedMay 28, 2024

PEPE Is Extending Higher Within A Projected Bullish Impulse As We Anticipated from technical and Elliott wave perspective.

We talked about PEPE back in March. We also shared a chart with our members, where we mentioned and highlighted an ongoing strong five-wave bullish impulse. We were actually tracking final stages of subwave (5) of 3.

PEPE Is Extending Higher Within A Projected Bullish Impulse As Anticipated PEPE Daily Chart From March 28
PEPE Daily Chart From March 28

Later on April 18 we got that three-wave A-B-C corrective pullback within a higher degree wave 4 correction, right into ideal 38,2% Fibo. support, from where we expected a bullish continuation for wave 5.

PEPE Is Extending Higher Within A Projected Bullish Impulse As Anticipated PEPE Daily Chart From April 18
PEPE Daily Chart From April 18

As you can see later on May 03, PEPE confirmed a completed wave 4 correction with a broken channel resistance line, so it was clear that wave 5 is already in progress.

PEPE Is Extending Higher Within A Projected Bullish Impulse As Anticipated PEPE Daily Chart From May 03
PEPE Daily Chart From May 03

Today on May 28, PEPE is already at the highs for wave 5 as anticipated, but there can be still space up to 0.000020 – 0.000030 target area before it finds the top.

PEPE Is Extending Higher Within A Projected Bullish Impulse As Anticipated PEPE Daily Chart From May 28
PEPE Daily Chart From May 28

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