PEOPLE/USDT Success Breakout the key level or Back to rejected ?💎 PEOPLE has undeniably garnered significant attention in the market. Currently, PEOPLE is facing challenges breaking the resistance area, evident from historical rejections in this zone. There's a possibility that PEOPLE will make another attempt to break out of the resistance area, a crucial step for sustaining the upward movement. A successful breakout could propel PEOPLE toward the next major supply area.
💎 However, if PEOPLE encounters resistance and fails to break out, it may face rejection and return to the retesting phase at the demand area.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, PEOPLE fails to maintain its position and undergoes a breakdown. In such a case, PEOPLE may revert to the next lower demand area, requiring a bounce to reclaim the demand before considering further upward or downward movement toward a strong support area.
People
PEOPLEUSDT.2HBased on the provided market data, the currency PEOPLE is currently experiencing a bullish trend. This is indicated by a relatively high Relative Strength Index (RSI) across the 4-hour, 1-day, and 7-day periods, suggesting that the currency is currently overbought.
The Moving Average Convergence Divergence (MACD) values for the same periods are positive, which generally signals bullish momentum. The currency is currently trading below the upper Bollinger Band (BB) across all periods, which could indicate some room for price growth.
However, the currency is trading closer to its resistance levels than its support levels, which suggests that there might be some selling pressure. The resistance levels are higher than the current price, indicating the price points that the currency might struggle to rise above.
In the short term, the currency has support at $0.032, $0.028, and $0.022 for the 4-hour period. If the price falls below these levels, it may find further support at $0.025, $0.018, and $0.012 for the 1-day period, and $0.014, $0.010, and $0.00090 for the 7-day period.
On the upside, the currency faces resistance at $0.048, $0.055, and $0.061 for the 4-hour period. If it breaks these levels, it may face further resistance at $0.048, $0.058, and $0.061 for the 1-day period, and $0.050, $0.073, and $0.089 for the 7-day period.
In conclusion, while the currency is currently in a bullish phase, investors should exercise caution due to the high RSI values and the proximity to the resistance levels. As always, it's important to consider other factors and perform thorough research before making any investment decisions.
New TRB -> PEOPLE ? *//* PEOPLE yeni TRB olabilir mi?English :
Can #PEOPLE New #TRB?
I opened long position on #PEOPLE.
According to onchain data %80 of the tokens are on cex, especially around half of the coins are on Binance so maybe they want to pump it?
It is highly risky position so dont put all your money.
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Türkçe:
#PEOPLE yeni #TRB olabilir mi?
#PEOPLE coine long yönlü işlem açtım.
Onchain analizlerine göre arzın %80'i borsalarda ve baş sırayı yaklaşık coin arzının yarısını barındıran Binance çekiyor, bu yüzden borsalar bu coini pumplar mı?
Bu işlem son derece riskli o yüzden tüm paranızla işlem almayın.
A new wave of growth by ookiYou need to try to play a small amount and extend the term of the contract in order to get recognition on oki. After the publication of the last idea, he has already thrown up a couple of waves of 50% with a local overshoot in the last one. There is a signal for an attempt to form a stable trend. The main zone of the set of positions is the range 0.00190-215, the goals remain extremely high with a transition to the range 0.0050-75. With sufficient volatility, there is a possibility of testing the trend line immediately formed by the last impulse. Loki has recently been added to the gate, which can significantly improve efficiency. At the moment, it is unknown what is disabled, which means that the requirements for non-functional users are the most high compared to uft vib pro ssoki cvp atm as.
PEOPLEUSDT(ConstitutionDAO) Daily tf Range Updated till 06-01-24PEOPLEUSDT(ConstitutionDAO) Daily timeframe range. after its massive pump and huge wicked out trapped a lot of peoples on that. its trying to stay above 0.03226 if it can it will have chances for retrace back. but that will require good amount of volume.
PEOPLE target 0.0174h time frame
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PEOPLE is creating a potential bottom head and shoulders, the right shoulder hasn't been created until breaking above 0.017, so we can set up a trading plan here to gain great risk to reward ratio, and if PEOPLE break out the long-term downtrend line, there are higher targets at 0.021 and 0.025.
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TP: 0.017 / 0.021 / 0.025
SL: 0.0106
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.
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 💥🚀
I love sharing my strategies with you all, and it means the world to me to know that you enjoy it. Your likes, comments, and shares keep me motivated and inspired to give more strategies.
Thank you for being a part of this Trading community . I'm so lucky to have you all as my followers.
Here's to 5000 more!
Sincerely:
@Jagadheesh_JP
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.