PEPECOIN - Bullish Dragonfly Doji
PEPECOIN has seen a recent increase in volume after a retracement and is exhibiting a Dragonfly Doji with a long wick hinting a rejection of bear driven shorting.
There are signs of a divergence between the price and momentum appearing on the 4hr timeframe.
There are well defined Support/Resistance levels which may encounter some directionless volatility around them so wait for a sufficient excursion before entering.
There are signs of a divergence between the price and momentum appearing on the 4hr timeframe.
There are well defined Support/Resistance levels which may encounter some directionless volatility around them so wait for a sufficient excursion before entering.
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