New WP cycle for $PEPE started a few weeks too. You can either get exposure now, or simply wait until it gets a massive dildo, that can happen any minute tbh...
🚨 To clear some things up:
1) $BTC - I see the 5 wave correction down, very close to ending
2) $ALTS - I see a lot of them ending a 5 wave correction soon, some even had ~365 days of 5 waves down…After 5 waves, a correction is almost ALWAYS over
3) SOME OTHER $ALTS - There are a number of them, including some memes, that look horrible. ie…. They have a massive (a) leg down, are in a (b) leg currently, and a massive (c) leg is the base case for them next, LARGE drops showing… unless something major changed and completely surprised me, but looking at them objectively, they aren’t good here
👀 Often times these horrible looking charts are foreshadowing something negative in the market as a whole
So yes, some conflicting information
But, $BTC is the ringleader and looks closer to ending correction… and many alts look like ending their correction soon
Wait it out 👊
[ $PENGU ]
If you're looking for alts to add here, you want to look for those that look good against BTC, since $BTC.D is seemingly breaking out. That is one of the reasons I like PENGU here.
Weekly chart against $BTC already crossed bullish on MACD as chart is also creating prolonged bullish divergences when it is in a demand zone (pic 1).
Against USD the hcart broke out of the downtrend that lasted for 8 months, so it's kind of a big deal. Two main targets for this year are $0,014 and $0,026 (pic 2). First resistance at $0,085.
Volume is seemingly increasing.