🔥 PEPE Inverse Head & Shoulders: Update!At the start of the month I made an analysis on PEPE where I discussed the inverse head & shoulders pattern that has formed. Risk-seeking traders could've made a killer-entry around the purple area for a decent +300%.
I think there's still more to this move. I'm looking at a 440 target for the next 1-2 weeks. Ideally paired with a neutral/bullish Bitcoin.
Be aware that the 440 all-time high area poses a risk to bulls, as it's a very strong resistance.
Pepe
PEPE price. Its starts of growing or will the drawdown continue?Why did most people buy PEPE? What is its value? Probably just to get rich quickly on speculation...
But probably only a few people made money on this growth. And the majority is most likely sitting in a super drawdown and thinking about how to get rid of this "happiness".
This happened before with Doge (2017 and 2021), when the creators themselves said that their coin was a joke and they themselves did not understand why it was growing.
And then everyone started accusing Musk of manipulation as if he was forcing people to buy Doge. No, he wanted to get rich just like everyone else and to do so, he had to sell his coins to everyone at a high price.
Then a similar situation happened with Shiba...
You should always keep in mind the rule: everyone cannot make money in the market. If one participant manages to make money, the other participant pays for it and vice versa. Only exchanges that consistently have their own commission for the "movements" of both parties are in a constant plus.
Now let's think about what to do with PEPE.
Earlier, we read that, of course, in addition to crazy earnings (x375,000 in just 21 days), the "organizers of this hype and pump" around PEPE managed to burn and withdraw hundreds of millions of dollars from the ETH market (for which PEPE was bought).
It is very likely that "they" will want to repeat this procedure. The only question is when and at what price it will start.
If the bottom (2) of the wave has already been reached, then now it remains to make sure that the PEPEUSDT price in the medium term will not be allowed to fall below $0.0000012
If the price goes lower, it is very likely that it will be pushed down to 2.5 times cheaper price of $0.00000050, where you could take a chance to buy this memecoin.
The volatility of the coin is insane, and trading with leverage is strictly prohibited, as the liquidation of the deposit is guaranteed!
The main thing here is to wait for a balanced entry point and buy a little bit for the investment portfolio, and the prospects for future growth are really "fabulous" from 1000% to 5500%
But when it will happen and whether it will happen at all will be a surprise for almost everyone)
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Pepe: Bull Run Price Target ($0.000059)Overview
Pepe is one of those speculative assets that I treat like a first date. I go in with the hopes that it could be an absolute winner but my expectations are that it will be a bust. Because of this I couldn't invest too heavily in the up and coming meme coin but I could invest just enough that if I lost it, I wouldn't be bothered. But if it becomes a winner then my insignificant investment just became a significant gain.
Let's crunch price targets. There's not many technical indicators that I feel are reliable enough to go off of so I am solely using Fibonacci retracement levels and theoretical market caps. As the anticipated crypto bull run begins to warm up, it's a good practice to begin setting price targets so that when the market cools again all of those gains don't get flushed down the drain. With any bull run, especially in the crypto market, it's not a matter of IF but WHEN the rally will end.
At a token price of $0.000011375 the market cap would be a measly $4.7B which is practically nothing to an established cryptocurrency. This price level reflects the 2.618 Fibonacci retracement level. Further climbs would need to be supported by significant volume but let's continue forward as if those requirements have been met.
At a market cap of $25B, the Pepe token value would be $0.000059 which is a whopping 1,375% gain. In crypto, this isn't unheard of. While I'd like to keep running numbers with growing market caps, I don't want to feed into FOMO which is extremely present during rallies so I will leave the cap at a $25B ceiling. This means that a theoretical investment of $100 at today's value ($0.0000040) would be worth $1,475 if Pepe can maintain its steam to the $25B market cap.
As I said before, I treat Pepe like a first date. I don't invest too much into it but just enough that I maintain the opportunity of being pleasantly surprised.
Pepecoin Confirming Inverse Head & Shoulder BreakoutI’m not one to trade random meme coins but in these phases of the bull market people can get pretty lucky on them. Though I don’t trade this coin I wanted to at least chart it when I saw the inverse head and shoulders pattern breaking out. Still plenty of gains left in the current breakout target. *not financial advice*
$PEPE PEPE Cup and handle pattern ... Bullish!!FWB:PEPE Price action has formed a Cup and handle Pattern!
Price is currently: 0.00000096
A bullish break out of handle will find resistance at:
(0.00000*) 108, 140, then (neckline 164-176), 200, 263, 309, 375, 438
#pepe continuous final support: 0.00000066
Massive PEPE Long Entry 3x PotentialI've been tracking this PEPE inverse head and shoulders for quite some time and this looks like it has the potential to be a textbook breakout. Shooting for that 300% increase level around 0.003 with 1000PEPE or 0.000003 for PEPE. I'm personally going to LONG this move with left over funds that I am not worried about losing. Looks like a perfect entry sitting at 0.0009. Its times like these that the reward starts outweighing the risk. Keep an eye on price action for the next few weeks.
DYOR and bring home the gains baby.
💎 BTC/USDT - $62,000 Reached, What's Next ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly time frame, we can see that as we expected, Bitcoin continued to climb powerfully and managed to hit all the targets that I announced in the previous analysis! Now, after the price growth up to $64,000, Bitcoin has faced initial correction because it has entered its oldest Bearish Order Block (ATH), which is between $62,000 and $69,000! So the negative reaction to this level was logical, we have to see how the candle closes this week and next week so that we can determine its mid-term trend! I hope you have made the most of this analysis!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
The Last Analysis :
PEPE/USDT Facing on crucial level area. Could PEPE break out??💎 PEPE has recently showcased noteworthy market dynamics, with its current position facing the daily bearish OB. A successful breakout from this area could probability pave the way for the next target, aiming towards our Binance all-time high.
💎 However, in the event of a failure to break out and encountering rejection, there is potential for the price to retreat downwards towards the support area to gather momentum for another attempt.
💎 The support area holds significant importance, as a failure to bounce from this level could signal a breakdown and continuation of the downward movement. This could potentially lead to a further decline in the demand area or even lower levels.
PEPEUSDT.1DBased on the provided market data, the PEPE cryptocurrency is currently trading at $24.00 against USDT. This is significantly below its 4-hour, 1-day, and 7-day resistance levels, suggesting that it is currently in a bearish phase.
The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day charts are 91.93, 89.65, and 88.53 respectively. These are all above 70, indicating that the cryptocurrency is currently overbought and could be due for a price correction in the near future.
The Moving Average Convergence Divergence (MACD) for the 4-hour, 1-day, and 7-day charts are 25.0, 16.0, and 16.0 respectively. These positive values suggest that the cryptocurrency is experiencing bullish momentum.
The Bollinger Bands (BB) for the 4-hour, 1-day, and 7-day charts are 240.0, 244.0, and 244.0 respectively. The current price is significantly below these values, indicating that the cryptocurrency is currently undervalued and could be due for a price increase.
The support levels for the 4-hour, 1-day, and 7-day charts are $166.0, $129.0, and $120.0 respectively. These are all significantly above the current price, suggesting that the cryptocurrency has broken through these support levels and is in a bearish phase.
In conclusion, based on the technical analysis, the PEPE cryptocurrency appears to be in a bearish phase. However, the high RSI and positive MACD values suggest that it could be due for a price correction in the near future. As always, it's important to keep in mind that cryptocurrency markets are highly volatile and unpredictable, and this analysis should not be taken as financial advice.
PEPE will explode soonPEPE is completing a large bullish triangle.
It is now in wave E of this triangle, which is the last corrective wave.
PEPE is expected to pump soon while maintaining the green range.
Closing a daily candle below the green range 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
🔥SUI VS APT: This Pattern Works On ALL Fresh🔋 AltcoinsSui Network is the new altcoin on Binance which has an unlimited potential.
Now the price fell by -72% and consolidating inside green area. Additional bullish signal is a potential close above $0.45 key level.
The closest worthwhile target is at $1-1.25 (+170-200%). If BTC will close above 31-34k and continue its growth, SUI can easilly grow by 4-10-50x on a bull market.
💥$300M cap can easily turn into $1B or eve more how it was with Aptos.
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