EuroMotif

PEPE Ping that may have wrung in the TOP? eyes on 143k

EuroMotif Mod Uppdaterad   
COINEX:PEPEUSDT   PEPE / TETHER
Quick alert that PEPE has just Ping'd a major fib.
Golden fib of many that it has come through so far.
IF there is a top anywhere NEAR here, then THIS is it.

That exact ricochet from the fib is what I call a "Ping".
That comes from "Give me a ping Vasilly, One Ping Only".
That describes it well, like you can almost "hear" the turn.

And my Rule about Pings:
"Not all Pings start a Reversal, but Most reversals Start with a Ping"

If we start pulling back, watch each fib on the way down for clues.

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Kommentera:
Pullback EXACTLY where expected:
But it is NOT yet looking like a topping pattern.

Zoom in (m5) with some notes;
It is possible that an ABC correction is DONE!
4.236 most common wave ender probably wave A.
6.853 next golden multiple a good chance for wavce C.

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SUMMARY:
- Pullback exactly as expected.
- ABC correction may already be done.
- Bulls do look strong even if we go lower.

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Kommentera:
BOOM (in follow up to last snapshot)
Perfect end of dip wave where expected.

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But Alas
THIS may be the final TOP at 163k.
The first blue after a gold often tops,
lets see if that generality applies here.

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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