PEOPLE/USDT: Neutral Market Analysis and Educational InsightsMarket Overview
PEOPLE/USDT is exhibiting notable price action that provides an excellent opportunity for educational analysis. This post aims to share insights into the current market behavior of PEOPLE/USDT without suggesting any specific trading actions.
Thank you .
PEOPLEUSDT
#PEOPLE/USDT Futures Trade Setup!If you're seeking a low-risk, high-reward setup, SEED_DONKEYDAN_MARKET_CAP:PEOPLE looks promising to me.
Entry Range
- Entry: $0.06180 to $0.06022
- Stop Loss (SL): $0.05977
Risk Reward:- 1:14 (Highly lucrative) but SL is a must!
Target Levels
- First Target: $0.06477
- Second Target: $0.06677
- Third Target: $0.06987
- Fourth Target: $0.07322
- Fifth Target: $0.07677
Remember to Do Your Own Research (DYOR) and note that this is Not Financial Advice (NFA). If you consider this trade, I repeat SL is a must.
#Crypto #peopleusdt
PEOPLE Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
PEOPLE has maintained the primary support level from $0.04237 to $0.05458. It is facing slight resistance at the 100 EMA at $0.06715. If the price is rejected from the CMP, it is likely to hit the lower support level at $0.033 (a 44% drop).
On the positive side, a bullish trend can be expected if #PEOPLE breaks above the 100 EMA resistance.
- Sweet spot to enter: $0.033 to $0.04237.
- Long-term Target: $0.093, $0.133, $0.164, $0.2.
- Invalidation Point: A breakdown and close below $0.033.
DYOR, NFA.
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#PEACE
PEOPLE USDT 2680% Profit in 10x Leverage TradeAfter gaining 27% profit in a SHORT trade, PEOPLE USDT 10x leverage pair is currently in an open P&L position of 2680% and not looking like it is over yet.
I am going to hold it till I get a reversal confirmation from the Risological Indicator. What a massive trade.
PEOPLEUSDT.1DExamining the daily chart of PEOPLE/USDT, I can provide a detailed analysis that sheds light on its current market dynamics and potential trajectory.
Price Action: Currently, PEOPLE/USDT is trading at around $0.11306, indicating a slight decrease of 0.81% from the previous day. The price has been consolidating within a range defined by $0.09721 (S1) and $0.14487 (R1). This sideways movement suggests indecision in the market, where neither bulls nor bears have definitive control.
Support and Resistance Levels:
Support Levels (S1 and S2): The nearest support level at S1 ($0.09721) has been tested multiple times, suggesting it as a significant zone where buyers have previously shown interest. A further support level at S2 ($0.06583) represents a more substantial downside risk but hasn't been tested recently.
Resistance Levels (R1 and R2): The resistance at R1 ($0.14487) is the immediate hurdle. Overcoming this could pave the way towards testing R2 ($0.16556), which is closer to the recent highs.
Technical Indicators:
Moving Average Convergence Divergence (MACD): The MACD line is currently below the signal line and close to crossing above it, suggesting a potential increase in upward momentum if a bullish crossover occurs. However, the MACD histogram shows minimal activity, indicating low momentum currently.
Relative Strength Index (RSI): The RSI is at approximately 67, which is near the overbought territory but not quite there yet. This suggests some bullish momentum, although it is nearing levels where the asset could be considered overvalued in the short term.
Conclusion:
The technical analysis of PEOPLE/USDT indicates a cautiously optimistic outlook. With the price nearing the upper end of its recent range and potential bullish signals from the MACD, there might be an opportunity for upward movement if the market can sustain momentum and break through the R1 resistance level. However, the proximity of the RSI to overbought levels warrants caution, as it may limit the potential for significant further gains without a pullback or consolidation. Investors should consider setting stop-loss orders just below S1 to protect against potential declines while targeting R1 and possibly R2 if upward momentum continues. Additionally, monitoring volume and further MACD developments will be crucial to confirming any bullish trend.
PEOPLE/USDT Ready to Breach the Channel Downward | Key MomentYello, Paradisers! Have you been keeping an eye on #PEOPLEUSDT? If not, you might want to pay attention now. Let's analyze the PEOPLE Movement:
💎#PEOPLEUSDT has been navigating an ascending channel and is now retesting the channel's lower support. The volume is diminishing, and the broader market sentiment supports the likelihood of a correction. Here's what you need to know:
💎Support Test at $0.111: The asset is at a crucial support level of $0.111. The reaction here will be pivotal. If #PEOPLE breaks this support, it could head towards a lower demand level as highlighted in our chart.
💎Potential Breakdown: There's a high probability that SEED_DONKEYDAN_MARKET_CAP:PEOPLE will break through this support, propelled by diminishing volume and macro market trends. This move would confirm a downward trend within the ascending channel.
Alternative Scenarios:
💎If PEOPLE manages to stay above $0.111, it might retest the ascending channel's upper resistance. This resistance test could either push the price downward again or lead to a continuation of the upward trend if breached.
💎If PEOPLE keeps rising and breaks the ascending resistance, it would invalidate the current correction outlook and signal a potential bullish phase.
Stay vigilant, Paradisers! This is a crucial moment for PEOPLEUSDT. Your trading decisions at this point could significantly impact your profitability.
MyCryptoParadise
iFeel the success🌴
ConstitutionDAO PEOPLE price looks prety good#ConstitutionDAO SEED_DONKEYDAN_MARKET_CAP:PEOPLE - what kind of project it is, who is pumping it and why, we honestly didn't really get into it (maybe you can tell us in the comments) , but the chart looks interesting.
Two scenarios for future price movements:
1️⃣ personally, we would like to see the red scenario working out more, so that we can buy #PEOPLEUSDT at a lower price, because now it is frankly uncomfortable to buy.
2️⃣ But the blue scenario is also okay, though after the breakout and retest of $0.067
There are quite a few targets from above: $0.10, $0.12, $0.16, and if you're lucky with the ATH update, $0.28.
The coin is definitely worth taking “on pencil” and keeping an eye on it as long as they show that they are ready to push it further up.
_____________________
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PEOPLEUSDT(ConstitutionDAO) Daily tf Range Updated till 09-06-24PEOPLEUSDT(ConstitutionDAO) Daily timeframe range. while many things down this thing absolutely ruling. i had one position from 0.05401 bagging good profits their. now its trying to break 0.14054 if it does 0.18880 got chance to visit. recent retrace point is at 0.10456.
PEOPLE BEARISH SETUPThe asset has the potential for a significant drop due to the pressure from the load zone. It's important to keep in mind that the asset is currently in FOMO mode. R4 represents a strong resistance zone in the event of a violation of the bullish breakout in lower time frames.
The bottom of PEOPLE 👇🏻
👑💸
DOGE MONTHLY BREAKOUT? PLUS INV HEAD AND SHOULDERSObserved massive rally after the effects of the CPI report that surge BTC price past 6% and followed by other major coins. Now, I will tackle the possible BINANCE:DOGEUSDT breakout after the rally on the almost 2-month diagonal resistance trendline along with an inverse head and shoulders, a bullish pattern since the coin is on the downtrend that can be a sign of trend reversal for the coin.
Other details for the setup and the approach for DOGE will be discussed in the idea threads below. Stay tuned!
#PEOPLE/USDT
#PEOPLE
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.0200 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 0.02550
The first target is 0.03750
The second goal is 0.04560
The third goal is 0.05600
PEOPLE update (1D)This is an update to the analysis you see in the "Related Ideas" section.
Before anything else, you should know that in the previous analysis, we warned that the momentum pump is high and we need confirmation to take a sell/short position. No bearish confirmation was issued and the new daily candle closed above our invalidation level
The previous analysis was violated.
Now, by checking the structure, it seems that we are in the first part of the big C wave.
The first part seems to be a diametric.
From the red range it can have a reversal down to complete the F wave
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PEOPLE ANALYSIS (12H)Warning: Pump momentum is high, get confirmation for sell/short positions.
From where we inserted "START" on the chart, it looks like a big triangle.
We now seem to be at the end of wave E of this triangle. Wave E looks like a diametric, we are now in wave g of this diametric.
We are looking for sell/short positions on the red range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PEOPLE ANALYSIS🔮 #PEOPLE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #PEOPLE. It's a daily time frame breakout and we will see more higher price in long-term.
💸Current Price -- $0.09932
📈Target Price -- $0.05164
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEOPLE #Cryptocurrency #Breakout #DYOR
PEOPLEUSDT, We are the one!Hello, people!
This is ESS team.
Let's see the PEOPLE chart.
Chart which has been supported multiple times by the BLUE 5day's downtrend line, have recently broken through the GREEN short-term trend line and headed for the RED downtrend line.
If it breaks through the RED downtrend line and confirms retest, you can enter the long position more stably.
Even if it falls after being resisted the RED downtrend line, If it is once again supported the 5D downtrend line, It could re-take a chance for a long position.
If it breaks strongly down the BLUE downtrend line, Please note that there may be a strong bearish.
PEOPLE/USDT IDEA Peopleusdt Market Analysis:
The market structure of Peopleusdt appears to be shifting towards a bullish sentiment, with the price currently attempting a breakout. If the breakout proves successful, there is a potential for significant upward movement.
Based on the current market conditions, there is an expectation of a bullish move ranging from 40% to 80% in the short term. It is important to note that this analysis is not to be considered as financial advice, but rather an observation of the current market trends. Investors should conduct their own research and exercise caution before making any investment decisions.
PEOPLE/USDT Potential to bounce and back to upward movement!💎 PEOPLE has recently experienced notable market dynamics, currently positioned on a support area. For continued upward momentum, PEOPLE need to bounce from this support level.
💎 A successful bounce would likely propel PEOPLE back upward, potentially leading to a retest of the strong resistance area.
💎 However, if PEOPLE fail to bounce from the support and instead breaks below this area, it could signal a concerning development. Losing the key support level may result in further downward movement, potentially leading PEOPLE to the demand area around 0.278.
💎 At the demand area, a bounce is crucial, and PEOPLE must reclaim the area above the support to sustain upward movement. Failure to do so could result in continued downward pressure on PEOPLE's price.