I’m Max, and today I’ll be giving you a quick 10-minute update on Pepe, one of my favorite crypto assets. If you enjoy our content, please hit the like button and subscribe to our channel. We’re growing fast, and it’s all thanks to your continued support.
Today, I want to talk about a view that you may not be familiar with. I typically don’t use preset indicators, but instead, I use them as confluence. Context is critical when it comes to applying indicators. You can’t just throw an indicator on and expect it to work the same way every time.
On the left, we have Pepe, and on the right, we have Doge from 2020 to 2021. The “cloud” around the price is Ballinger Bands, but these are not normal Ballinger Bands. They are custom-fit so that you can view them on a log scale. This line at the bottom is the Ballinger Band width. It measures the distance between the lower and upper lines. When the bands are far apart, we are typically way up here. When they squeeze together, this line gets very low.
The MACD is a momentum oscillator. When these lines cross at the bottom and begin to go positive, it typically marks momentum moving up.
So, why is this important? Typically, when Ballinger Bands on higher time frames begin to compress and squeeze, we are getting ready for some sort of tremendous volatility. We are currently on the 3-day time frame for both of these assets. When the bands compress and squeeze, it means that volatility is imminent.
We are currently at the point of origin for the original pump. We were squeezing here for quite some time, and ultimately, we went on for a 12x in 33 days. With Pepe, if it did the same thing that Doge did, we could see a 12x or 10-13x, which would take us up here.
Now, let’s talk about the Pepe-Doge pair. There’s no point in holding Pepe if it’s not going to consistently outperform and dramatically outperform percentage-wise the returns that Doge is giving you. Doge is inherently safer than Pepe. It’s older than Pepe, even older than Ethereum, and it’s proof of work. It’s the most decentralized, and it has the most price history, most pair trading sets of data. It’s time-tested, and it’s one of the safest projects besides Bitcoin out there to hold.
If Pepe is not going to outperform Doge, then why would you hold Pepe? The same goes for any new meme coin. If it’s not going to outperform Pepe or Doge, then why would you hold it? Hold Doge instead. It’s going to be safer.
This chart is the Pepe-Doge pair. If the chart is moving up, that means that Pepe is a better hold than Doge. If the chart is moving down, then Doge is a better hold than Pepe.
We’re now on track for our highest weekly close. Looking at the monthly, we have so many green ones in a row. On the ultra-high time frame, I would expect at least the 1.618.
In conclusion, timing is everything. Keep an eye on the Pepe-Doge pair. Consider liking and subscribing, and check out the first link in the description below for our premium products and Discord. Check out the second link if you want to learn the ins and outs of the markets and master the arts of ta and fa. Thanks for tuning in.