PEPE / TetherUS
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Pepe Previous Levels Trend Based Fib - Obs 1 - Update

417
Flipped Resistance to Support from previous Trend Based Fib Extenstion as seen here:
Pepe  Previous Levels Trend Based Fib - Observation 1


Currently bouncing off the 1.0 fib which to left was a support, middle resistance, now support!

Taken the value area range of the initial Trend Based Fib to the current price and if you zoom out, the PoC of the Fixed Range Volume Profile is pointing to 0.5 Trend Based Fib.

Above resistance labelled.

I see no reason from writing, as long as we hold 1.0 fib to see higher, even after +10% rise already!

Technicals are bullish. Thats what they are.

There's also a parallel channel which seems to be well respected. As well as a possible end 5 wave extension found here:
PEPE / USDT - Elliot Wave Update


That Gartley - I knew from previous bounces. When B AND D have a reaction at the same price
- SUPER BULLISH!

We had a fake out at the high, then came back down to B at 0.5 fib Gartley and rallied!

Enjoy! :)

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