#山寨币普涨，你看好哪个？ #春节集福卡，赢周边和百万奖励

Weekly Chart:
1. The weekly level is obviously a pullback after the shock breakthrough, and the trading volume is also shrinking. This is a normal and healthy structure after the breakthrough. The trend is still bullish.
From the perspective of the volume-price structure, there have been two significant declines in the past few weeks, both of which dipped to around 0.000015. When we use the Fibonacci retracement tool, we find that this price level coincides with the Fibonacci 0.618 level. Therefore, this repeatedly validated support level can theoretically be used as a strategy for buying at a low price.

Daily chart:
From the daily chart, the downward trend of PEPE is still quite obvious. Currently, it has not yet broken through the downtrend line, and the market needs a stimulus to change the trend reversal.
2. The two consolidation zones ahead can be obtained through pulling the volume distribution chart, which gives two relatively effective resistance levels. At the same time, according to Fibonacci, these two resistance levels correspond to the 0.5 level at 0.000018 and the 0.382 level at 0.000021.
3. In terms of form, there is a convergence form similar to a trumpet, and the price often accelerates only after breaking through the trend line.


Four hours:
1. On the 4-hour timeframe, the support from the main force is relatively obvious. The lower edge of the trumpet pattern coincides with the Fibonacci 0.618, while the upper resistance coincides with the Fibonacci 0.5, which means that the price will choose a direction within this range.
2. Considering the price fluctuation of pepe, which is greatly affected by emotions and news, and assuming that Trump's inauguration on Monday is positive news for the cryptocurrency market, if the price breaks upward, it will form a harmonic butterfly pattern structurally. It will also form a daily W-bottom pattern.
Another assumption is that the price breaks down, then 0.618 serves as our second entry position, while the breakdown of the previous low can act as a stop loss. Because once it breaks down, it represents an accelerated decline in price. There is not much price support below for reference.