Technical Analysis Update, Pepe Coin Today 29-07-2024

Hello Everybody Welcome to my blog. Today we are going to talk about the Pepe Coin

Hi, friends, I am looking at so many patterns at the moment, especially on the 4hour time frame and it seems like every single place we're having Head and Shoulders appearing we have Head and Shoulders on The Daily with pep as well we have Head and shoulders so many places now there is one thing I have to make it clear to you that an uptrend requires the blocks to be executed what I mean by this is that if you have any type of obstacles along your way you must remove them for you to start to push to the upside right

You have um all the resistances here that are being rejected and you still have the threat to go down at the moment if you're not going to have that obstacle removed out of the way it means that you are going to be pushed back by the Bears and this is exactly what the current situation

But I kind of think that we are going to see you know a push to the upside something tells me that we probably may just end up moving up as well I don't know what it is it's just a gut feeling but logically and realistically we have not invalidated anything to go back to the upside we're still having troubles