PEOPLE/USDT It required Break the resistance to continue move !!💎 PEOPLE has undeniably garnered significant interest in the market with its recent breakout from a key supply zone, often associated with a consolidation phase, signaling a potential continuation of its upward trajectory.
💎 Currently, PEOPLE is encountering resistance at the $0.01360 level, a threshold that has proven challenging to surpass as evidenced by multiple rejections. Each attempt to breach this resistance has been followed by a retreat to the demand zone for a retest, a process that aims to gather the necessary momentum for a successful breakout.
💎 Should PEOPLE manage to decisively overcome the $0.01360 resistance, it is likely that we will witness a substantial upward move, the probability of the price toward the anticipated supply zone target.
💎 On the flip side, a concerning scenario would unfold if PEOPLE revisited the demand zone without showing signs of a bullish reversal or bounce. Such a development could indicate an inability to sustain the demand level, potentially leading to a breakdown below this area. This bearish turn of events would significantly increase the likelihood of PEOPLE reverting to a more pronounced support zone.
People
Thank you to all my Incredible 5000+ Followers To my incredible 5000 followers,
I'm so grateful for your support over the months. I couldn't have reached this milestone without you.
I Got this 5k+ Family Achievement in Just 6 Months Only 💥🚀
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PEOPLE formed bullish Cypher for upto 28% pumpHi dear friends, hope you are well, and welcome to the new update on ConstitutionDAO PEOPLE.
On a daily time frame, POEPLE with BTC pair has formed a bullish Cypher move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✴️ ConstituionDAO Classic Chart Analysis With 120%+ TargetPEOPLEUSDT (ConstitutionDAO) is trading daily above EMA100, EMA50 and EMA10 as well as MA200.
These are short-term, medium-term and long-term moving averages.
MA200 is the most important one as this level has been conquered and confirmed as support, meaning, PEOPLEUSDT is setting itself up for long-term growth.
Then we have the classic RSI signal called strong/bullish when trading daily above 50. At 61 we would call this reading super strong.
The MACD is really good technically speaking, above zero, trending higher with green histogram and showing plenty of room available for additional growth.
Finally, we have a volume breakout as today's session produces the highest volume since December 2022.
All this is pointing to additional growth.
There is also a higher low, an ascending channel and multiple chart patterns... All bullish of course.
With that said, prepare for all scenarios if you decide to buy as markets are always evolving and anything you see now can easily change.
Namaste.
BTC Ranging and Planning TradesWe are back to the time where I like to set up for some trades. Some of my favorite trading comes when BTC defines a stable range like it has, this involves being patient to allow BTC to sweep high and low liquidity of the range. But once that range forms and has time to develop, the likelihood of the next move out of the range being a confirmed breakout increases. And we are now at that point where I am reasonably confident that when BTC moves out of this range, it will likely be the confirmed breakout and not a swing failure.
So what I am doing at this time is preparing for the altcoin trades that I want to take. I will only enter these when BTC breaks out of the range because I prefer not to get caught up in the noise of trading within the range. So the key here is to time the altcoin entries well so that the altcoin is breaking out of its respective pattern at the same time that BTC is breaking out of its range.
This is not a complete list, but here are a few ranging altcoins that I am watching:
ETH
BAT
PEOPLE
AVAX
FOMC news release, preparing for short positions BTC ended up printing a swing pattern failure. So I am now preparing for shorts positions and this chart shows when I am anticipating to find my best entries on those. This chart also shows that I am not looking to take any long positions unless we see a strong move higher form the buyers.
So I am preparing for short positions now but waiting for the right signal from BTC. And when it’s time to enter, we need to have positions ready. This may happy overnight or when I’m not able to post so wanted to share some setups that I am watching. The idea here is NOT to enter all of them, but to choose the ones that look the best when BTC is in it’s rejection area or sell pressure is showing up. The best way to manage these is to set alerts on each one on TradingView so you are alerted when each is near our target zone.
I won’t be providing much detail on each of these setups as they are all very similar. Really just wanting to see price action come back and bearishly retest the recent resistance.
✅PEOPLE : BREAKOUT TREND ON HIGH TARGET✅People seem very interested in the low time frame and breakout.
High target 0,08 ( we have seen before breakouts of 200% on people) ( this can be long term target, so don't expect it will go in 1 day)
Before this targets are more low time frame targets as 0,03
This expectation is since expecting that BTC is also into a new increase cycle
most important manage the risk, this is crypto and it can be very hard.
PEOPLE : THE BREAKOUT TARGETS : 269% This is a small view with Targets update for people
This update depending on technical analyze and other ways of finding breakout targets.
People can have 269% increase trend coming time on more reasons.
First important target is 0,042 trend.
And if we have a golden breakout the price action can go to 0,08 the old historical level. what means around 269% increase.
The volume structure of this coin make it able to have a breakout depending on last broken trends.
Its not first time that People did shows an top increase, and its possible that we can see this again.
Don't be Fomo trade only depending your plan and study as crypto can be very risky in any way.
ITS TIME FOR PEOPLE COIN!Trend is your friend.
lets follow what the trend shows, and in this area means a people increase trend.
This chart made out of personally expecting but 100% on technically details.
Wait!
Never just follow just a chart as this with a title as this.
do always your own study and confirm more times.
Good Trading times.
The above technically chart it seems people coin are going to show some increase effect coming time.
The above targets are possible range targets.