Bitcoin - another way out of the triangle - is it a trap?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
I will slightly update yesterday's idea regarding the triangle.
Yesterday's swing can be said to have cut the triangle from both sides, there was an attempt to renew the maximum of 31455, but another ETF-related FUD interrupted this attempt and the price fell below $30,000.
At the moment, the price of the asset was able to recover and Bitcoin returned above $30,000 again and continues to consolidate in the range of $30,500-30350. Technical BTC has returned to the triangle again and there is a tightening to the upper border of the potturn, which may lead to another local takeaway towards $31,000.
But I also do not rule out that a new weekly candle will begin to form from a correction below $30,000, which is quite likely, and do not forget about the history associated with Binance, the SEC regulator and ETF, all this is still a big question, they often like to throw news after growth in 15-20% which has already happened.
Pepe
ABSOLUTE BOTTOM : THIS IS WHAT IT LOOKS LIKEObviously this is the time to buy aggressively.
Nuffsaid.
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SEEKING A CRYPTO RESEARCHER
If you're involved in crypto research, particularly at the Enterprise level, I'd like to talk about the glaring anomaly in just about all of my charts.
I found something worthy of your big brain.
PEPEUSD RETURNING TO PREVIOUS ATHOh, joy.
Finally, it looks like this show can get back on the road.
Barring any interference from Jesus, things appear to be lined-up to start the Bullrun proper.
My mid-term target (meaning, not today, unlikely this week, fcuk knows beyond that) is at 0.0000045.
Go get'em.
PEPE Coin potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
PEPE/USDT long
Entry Range: $0.000001550 - $0.000001650
Price Target 1: $0.000001790
Price Target 2: $0.000002100
Price Target 3: $0.000002700
Stop Loss: $0.000001350
🔥 PEPE vs SHIBA: Massive Pump Coming?Ever since PEPE dumped in May I drew some similarities between PEPE and SHIBA, both highly anticipated/traded meme tokens which saw huge gains in a short timespan.
In the post below you find my previous analysis where I discuss the similarities after both tokens started trading on Binance.
SHIBA bottomed around -87.5% from the Binance top, PEPE made a -82% dump and has bottomed for now.
After some time trading bearish, PEPE saw a big increase in value recently and is arguably trading in a bull-flag pattern. Assuming that BTC will trade bullish in the near future, I anticipate further strength from PEPE, potentially even targeting the all-time high.
Best case scenario would be for PEPE to follow a similar path that SHIBA did back in September of 2021. After a prolonged accumulation, SHIBA broke out with a huge candle and saw a +1200% move in a matter of a few weeks.
Not saying that PEPE will do the same, but the ingredients are certainly there for PEPE to see a big pump in the coming weeks/days.
Do you think PEPE will break out soon? What's your target? Share your thoughts below 🙏
Pepe Token formed bullish BAT for upto 10.50% pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Recently we caught a nice trade of PEPE as below:
Now on a 2-hour time frame, PEPE has formed a bullish BAT for the 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.
PEPEUSDT is going up!!!before buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want closed the position but our target is the third one)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
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if you want to enter in this position:
Enter Price: 0.00000168
Target1: 0.00000183
Target2: 0.0000021
Target3(Final Target): 0.00000244
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1 EARTH SHOWING SIGNSPlease look at my previous idea posts on 1 EARTH so that you may have a better
understanding of what we are looking at her. Could this be hidden bullish divergence?
Inside of what seems to be a technical bull flag? Right under several major resistances?
If so, 1 Earth might be getting ready for a major move. In the next few weeks we could witness nice pump to the upside.
1 EARTH SET FOR GREATNESS?So what i have illustrated is an update to my previous analysis on 1 earth. This is somewhat
of a revised analysis using Resistance levels. If you need reference feel free to search
my previous forecast for 1 Earth. Currently 1 Earth seems to be setting up a technical bull
flag pattern within a downtrend channel. With Bitcoin rallying and bringing bulls back,
i can see 1 Earth breaking out of this pennant and exploding to the upside. The technical target of the flag is near 0.00310 NEON green highlighted level. But i personally believe it will not hold, therefore i expect for 1 Earth to Reach the upper purple resistance area at 0.00360.
From there MAJOR resistance levels would be broken, in which case we would like to see them hold in order to forecast continuation. For now we wait and see if 1 Earth decides to go for it by breaking out of the technical flag pattern.
-MR. MARTINEZ
PEPE 1000PEPE/USDT Price Analysis (4h)Hello fellow traders! Here's a brief technical analysis of the PEPE/USDT pair on the 4-hour timeframe chart.
Currently, the price is consolidating after a two-month drop. By analyzing Fibonacci levels from the swing high and swing low, as well as the RSI breakout, we can anticipate a retracement of the price to levels around 10,980, 12,058, and 14,294.
However, given the high volatility of this asset, it is crucial to protect entries with a stop loss. A strong indication of further decline would be a breakdown below the 8,000 zone.
PEPE is a deflationary memecoin launched on Ethereum, paying tribute to the Pepe the Frog internet meme. It features a no-tax policy, redistributive rewards, and a burning mechanism.
PEPE gained popularity in late April to May 2023, attracting a strong community and reaching a market cap of $1.6 billion.
It aims to establish itself as a top meme-based cryptocurrency.
PEPE's unique features include honoring Pepe the Frog, rewarding long-term stakers, and maintaining scarcity through burning.
The founders remain anonymous, and PEPE is secured through Ethereum's Proof-of-Stake consensus. Its maximum supply is 420,690,000,000,000 coins, with a focus on incentivizing holders and community growth.
Happy trading!
PEPEUSD: Hit the 1D MA50 again. Watch those buy levels.The memecoin PEPEUSD hit today the 1D MA50 on a historic first time. That is enough to turn the 1D timeframe neutral (RSI = 54.982, MACD = 0.000, ADX = 27.672) which means that the trend might be changing but there is no confirmation yet so we need to proceed with caution.
We are willing to buy only above the 0.236 Fibonacci level or after a pullback to the 4H MA200. After all, we are forming today the 1st MA50-100 Bullish Cross on the 4H time frame. In both cases our target will be the 0.382 Fibonacci (TP = 0.0000022000).
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Ninja Talks EP 20: The Book of Five RingsAs a martial arts enthusiast I found myself reading (again) my favourite book of all time, "The Book of Five Rings" by Miyamoto Musashi.
TLDR;
A 16th Century Samurai who had 64 duels to the death, never lost and wrote down all his techniques, thoughts and insights shortly before he died atop Mount Iwato.
Yeah I know, crazy, but true.
Anyway, I found myself reading this book again and I got to the chapter on Footwork where Miyamoto states something super important that relates to trading massively and something that will 100% help you in your finance career.
He said, "Tred strongly on your heels and allow leeway in your toes."
Essentially this is how I saw it as a trader.
The heel is the first principles of trading - aka the core fundamental rules you must follow to build your trading career.
The Toes are redundant techniques, noise, other peoples opinions, fake news and basically anything that isn't fixed, but constantly changing instead.
Here's how I see it, as traders we need to "Tred strongly on our First principles" and not get lost in frivolous escapades to find the perfect strategy - it doesn't exist, nor does it need to - because first principles are the building blocks of a successful career, not temporary dopamine Toes the majority of traders chase each day.
The first principles?
+ Psychology before, during and after a trade.
+ Win Rate
+ Risk
+ Reward
+ Entry/Exit technique(s)
+ Intuition (gained from experience, screen time and age)
+ Money Management and Compounding Tactics
+ Awareness (The core core)
Does this make sense Ninjas?
Operating from first principles allows you to focus on what's real and lasting, not things that are illusory and temporary.
That's all for this episode!
If you like this then consider giving a follow for more Ninja Talks.
Keep your blades sharp!
Nick
Huge Spike for #PEPE/USDTA huge spike is unavoidable for #PEPE/USDT. Here are the reasons:
1. We are in a strong support zone.
2. We broke downward channel resistance.
3. Spotted 2 bull divergence.
4. Binance is stopping PEPE loans this week, which means people who got loans in PEPE, now they need to buy again and repay the loan, which will lead to buying pressure!
5. Overall Crypto market seems healthy and if BlackRock gets ETF, then the whole crypto will launch, and so will PEPE.
Last and not least, PEPE is trending for more than 2 months and price spike will bring more interest.
p.s. DYOR and invest based on your research.
PEPE - Make Meme Coins Great Again Analysis:
- Fibonacci Retracement
- Order Block
- Trend Line
- Support & Resistance
Opinion:
PEPE is going to push to new ATHS in the coming weeks
Heavily investing at these levels and lower if they drop some more
The riches in the bull run come from correctly accumulating coins with high ROI
Buying as close to the low as possible is key
PEPE is going to make meme coins great again!
This is the first chart of many as more price feed fills in for PEPE it will be easier to analyze :)
PEPE : NEW INCREASE TRENDPepe seems to make on low time frame some interesting volume, wich we will follow to see if it's able to confirm. if Pepe gets the right volume it could increase by more then 20%.
Interesting to see how Pepe will effect the price action in the coming tie, and if we will see a breakout view.
Bitcoin Price Could Hit $38k, But Rising Wedge Poses Risks $20k#Bitcoin HTF Chart Analysis
Current Price: $30,700
Technical analysis: Where patterns unfold
1️⃣ TrendLine Breakout: On the 3-day chart, #BTC has followed a significant TrendLine since its bull market high of $69,000. Impressively, Bitcoin recently broke above this TrendLine, which has now become strong support at $22,800. A successful retest was conducted at $19,850, affirming the validity of the breakout.
2️⃣ The Mighty Red Box: Since January 2021, a robust resistance line has hindered Bitcoin's progress. The first attempt to break this line failed, leading to the onset of the bear market in 2022. Currently, Bitcoin is making its second attempt, but caution is advised as rejection at this level remains a possibility. A potential breakout may occur on the third attempt.
The Parallel Channel: Another pattern forming on the high timeframe chart is a rising wedge or parallel channel. If BTC adheres to this channel, we may witness a rise toward $38,000. However, it's crucial to remain cautious, as a breakdown of this channel, also known as a rising wedge, could lead to greater price pain. The support for the rising wedge is currently at $26,000 but may change over time.
Opinion: Based on the chart analysis, it is anticipated that Bitcoin will initially reach the $36,000-$38,000 range. Subsequently, a correction to the $29,000-$30,000 range could occur. However, breaking down the rising wedge or parallel channel would signify a highly bearish scenario, potentially driving the Bitcoin price below $20,000.
Disclaimer: This report is not financial advice. Please conduct your own research before making any investment decisions.
Thank you for your attention.
Follow for more analysis.
Pepe: Traversing the Bullish WaveThe crypto world is currently witnessing a massive rally, a global phenomenon marked by a notable 6% growth in total market cap within the last 24 hours. As the mainstream adoption of cryptocurrencies increases and the potential for an institutional foray into the crypto space becomes more real, several cryptocurrencies have been benefiting from this bullish momentum. One such coin that has recently grabbed attention is Pepe coin, a popular meme coin that has undergone a remarkable resurgence.
Pepe coin, in the last 24 hours, has been on a spectacular run, its value skyrocketing by approximately 15%. This meteoric rise has piqued the interest of the investor community, stirring hopes that the coin might soon reclaim its previous peak at a $1 billion market cap. Pepe's journey of resurgence has been marked by a growth of over 14.8% in the past 24 hours, accumulating to a weekly gain of more than 15%. This robust performance has catapulted it to become the top trending cryptocurrency on CoinMarketCap, further marked by an impressive 130% increase in its 24-hour trading volume.
Digging deeper into the technical analysis of Pepe, it reveals a promising outlook for investors. On the 4-hour chart, the 0 Fibonacci level is marked at 0.000000908, with the half and first Fibonacci levels at 0.0000009805 and 0.0000010529 respectively. The current price of Pepe is at 0.0000012856, showcasing robust support at the 0 Fibonacci level of 0.00000111 on the 1-hour timeframe.
Analyzing the Bollinger bands on the same 1-hour timeframe, the upper band points to a level of 0.0000012242, the middle one is at 0.0000010802, and the lower one rests at 0.0000009407.
The momentum indicators for Pepe reflect the coin's current strong performance. The RSI, currently at 85, suggests an overbought market scenario that could potentially precede a price correction. However, the MACD indicates a value of 0.0000000540, signifying bullish momentum. In terms of volume, the OBV is at a significant 37 trillion, an indicator of strong buying pressure in the market. It's important to note, though, that the Stochastic oscillator is currently at 78, signifying the coin might be in overbought territory, and a potential reversal might be on the horizon.
This rally of Pepe's value can be attributed to the broader boom in the crypto market, spearheaded by the rapid rise of Bitcoin and its increasing institutional adoption. This rally has ignited a positive sentiment across the crypto market, benefitting coins like Pepe. However, despite the coin's current success, investors need to exercise caution. Pepe's ability to generate sustainable profits during bear markets is still under scrutiny. As crypto trader Michael van de Poppe points out, while Pepe has witnessed a strong surge, a clear continuation is yet to be discerned.
In conclusion, Pepe coin currently rides the wave of a bullish crypto market. While the coin's recent performance and the prevailing market trend give investors cause for optimism, it's essential for them to exercise due diligence and keep a close eye on market indicators. The crypto market is known for its volatility, and while potential gains can be lucrative, the associated risks can be just as significant. Hence, a balanced approach, aided by constant monitoring and well-informed decision-making, will be crucial in navigating the future course of Pepe coin.
🔥 PEPE Waiting For Bullish Break Out: Great Reward PotentialOver the last couple of weeks I've made several PEPE analyses where I discussed a potential reversal of the trend. In the end it became clear that PEPE had to go lower first before a prolonged change of trend.
Still, I kept a close eye on the diagonal purple resistance line. At some point PEPE has to break through it, which can potentially kick off a major bullish correction after weeks of selling.
In case of a break out, the 200 area is still the target like before. SL around 93, could also be 82 for a less risky approach.