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$PEPE may not make a new high in this cycle and here's why:
I realized it's a 5 wave rising and 3 wave falling structure.
As you can see, there have already been 5 waves and now comes the 3 wave queue.
According to the rules of Elliott waves, 3 waves of correction should not exceed 5 waves of growth, so wave B can not exceed the last top.
Therefore, I will be making profits from my coins when wave B is formed.
After that, I will wait for a protracted continuation of the correction.