This is PEPE on the daily
Price recently crossed above the 50MA which is currently resting on the 200MA after a golden cross
It was rejected at the 0.5 Fib but is now holding above the 0.618 Fib as well as the 50MA and 200MA
RSI is finding support at the mid level while MACD just turned bearish
Chances are we see a pullback first, a search for support, before the next possible move up
We’ll be here to watch it unfold
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.