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Pepe

$PEPEUSDT key support and resistance levels + weekly forecastOKX:PEPEUSDT continues its weakness relative to CRYPTOCAP:BTC and broader "risk on" signal markets such as $NQ! This latest dip was driven by an extremely negative news event - Grifter Gensler and his band of goons at the SEC are employing some bank-collapse-contagion-red-herring tactics by suing Binance. This news allowed the bears to take control and we see the temporary decoupling from the usual tight correlation with the Nasdaq break: In such events, traders with massive positions such as wallet 0x4614 move to protect their capital and sold huge positions to cut short term losses, as the market readjusts to lower key levels. If this was a catastrophic sell off event, we would not have seen a bounce off key support at 0.00000095, and the last remaining support for OKX:PEPEUSDT 0.0000005 would have fallen. The 0.0000005 level is revealed by my TA as the "last stand" support level for $PEPEUSDT. Breakdown BELOW this level would be a pivotal bearish moment and we would need a week or so to establish relatively "strong" support levels, not just daily price ranges, at lower price levels. However, this is not what happened during Bitcoin's multi thousand dollar move down which means that short term volatility can continue. Using a three-way outcome/decision matrix - down-neutral-up - we can prepare for three scenarios and deploy capital accordingly. The first outcome which is down, is a breakdown below the 095 handle and a cascade towards 056 handle (red box range in title image). As OKX:PEPEUSDT is tightly correlated with CRYPTOCAP:BTC and AMEX:HYG (BBB bonds), this would likely mean those two broader markets would have continued lower. If we look at CRYPTOCAP:BTC key levels, again we're not in catastrophe scenarios at all, a nice bounce off the $25.5k level and bulls will target $25.9k as next resistance: And AMEX:HYG levels also looking healthy, above 74.3 support with 75.3 as overhead resistance. Secondly in the neutral outcome we find a new range in OKX:PEPEUSDT bouncing between 0.000000950 and 0.00000108. A perfectly acceptable outcome for active traders as this offers a nice 10% intra day range. Thirdly in the OKX:PEPEUSDT bull case we need to see a breakthrough in CRYPTOCAP:BTC above $25.9k level and a move towards its next major resistance level now at $27k.
by dreamalittle
PEPE like DOGE?Hello friends, when asked how I see it with PEPE, I would compare it to the similarity with DOGE, on pepe I put important trend lines for me and attached a long-term chart of dogecoin on it... make the picture yourself, I don't have any special one on pepe now opinion and we are not even overly bullish on the crypto situation. Overall, however, another big increase is expected for PEPE, in fact, when PEPE passes above the tredline, which is resistance, and rebounds from the lower trendline.. then I will open a long position.
CRYPTO:PEPEUSD
by Bitcoinblockchainonline
PEPE next move, Come on Bulls The main resistance is broken and retested as support which is 0.00095, so indicating bulls are taking over however, the trend line still remains and is very important for a 4hr candlestick /2hr close above and a retest of the trend line before we can have an entry. I will be waiting for the breakout and retest before taking a long with sl at 0.00095 Will update you all later. For more updates follow me and check out my previous ideas Feel free to comment with your opinions about the idea If you have any pair you want me to analyze indicate in the comment section Remeber news only drives what chart already indicates
Long
by DN_Trades
Flash Crash or Bear Trap? (Bitcoin)The fact we are so close the Big Fib time date end of June 2023 and I still can't confirm which way this is going to swing is frustrating. Last year it was so clear coming up to the fib date , this year price could swing either way. For me there is two ways this is going to play out next 30-45days 1. We Flash crash down to retest the cycle low at 15k every cycle we create a double bottom , right now we keep be forming this crashing pattern that will take us back down to 15.5k. As you can see it is a very distinct pattern it can appear in any timeframe , the higher the timeframe the longer it takes for the pattern to form . There crashing patterns form everywhere not just Bitcoin. So if it did flash crash then it would look very similar to 2015. 2. Now the second outcome here is a massive bear trap and a massive move up to 40k end of June 2023. Check this out. We bounced massively off this moving average last time creating a huge bear trap. If it is going hold and reverse this is it , once we close under this moving average its over. SPX500 bump and run reversal pattern still not reached its technical target . We could still see a melt up in June 2023 for the SPX which would give a higher chance that Bitcoin hits 40k aswell. So as you can see how things can swing each way , we break the yellow triangle and close above it for Bitcoin we go up or we continue making lower lows we will complete the crashing structure , guess we just have to wait.
COINBASE:BTCUSD
by Sporia
9
PEPE/USDT 81% Down From All Time High Within 38 DaysPEPE Coin: From $100 to $1M for Early Investors, But 81% All-Time High Plunge Leaves Many at Loss Investors in PEPE, a highly hyped cryptocurrency, saw remarkable returns with some converting a mere $100 investment into $1 million prior to its listing on exchanges. However, the subsequent plunge in its all-time high, reached on May 5th, 2023, has led to an 81% decrease within just 38 days. As a result, those who invested $10,000 at the peak are now left with a value of only $1,890, indicating significant losses. With approximately 95% of investors currently facing a loss, caution is advised when dealing with excessively hyped coins. Early Investor Success Stories: Many early investors in PEPE experienced unprecedented gains, turning their initial $100 investments into remarkable sums of $1 million before the coin was listed on exchanges. These individuals likely benefited from being involved in the project at an early stage or having insider knowledge. Such success stories attracted attention and fueled the hype surrounding the coin's potential. 81% Drop from All-Time High: Despite the initial success, the value of PEPE experienced a sharp decline. The coin's all-time high, achieved on May 5th, 2023, has since plummeted by 81% within a span of just 38 days. This rapid decrease in value has caught many investors off guard and led to substantial losses for those who bought in near the peak. Investors at a Loss: Investors who entered the PEPE market during its peak are now facing significant losses. For example, individuals who invested $10,000 at the top of the market are currently left with a value of only $1,890. This substantial loss highlights the risks associated with investing in highly volatile and hyped coins. Cautionary Advice and Lessons Learned: The recent performance of PEPE serves as a cautionary tale for investors. The significant drop in value and the majority of investors experiencing losses underscore the importance of exercising caution when dealing with excessively hyped coins. Thorough research, understanding the fundamentals of the project, and carefully considering the risks are crucial steps to avoid potential financial setbacks.
Short
by CryptoPatel
BXX : PRICE PREDICTION 2024 $1.10BXX, the interest-free secured lending that can become a trend, has the potential to become a significant trend in the near future. This coin exhibits intriguing characteristics in terms of data structure, and based on our predictions, it could reach a market capitalization of over 20 million dollars by 2024. One notable aspect to consider is the growth of exchanges. This coin has the potential to experience an upward trend as it gains traction among various exchanges. From a technical perspective, the current trading volume appears to be relatively low. However, this update aims to provide long-term protection, and we anticipate that over time, the coin will attract more attention and generate increased interest. Regarding targets, the projected price range for this coin is expected to be between $0.80 and $1.10. At this moment the coin is listed at the MEXC exchange and BILAXY. This is a price prediction that suggests a strong likelihood of a market cap increase for this coin. However, it's important to note that managing risk is crucial since there are no guarantees in the market. Additionally, this is a spot long-term idea, meaning it anticipates sustained growth over an extended period. Let's see soon how far this coin did go.
Long
by Goldenbreakout
3
BXX : THE NEXT WHALE PUMP COIN of 1000%We did share before an update about BXX. BXX has a high possibility to be the next coin where the whales will breakout it with 1000%. This price action depends on the structure volume of this coin. At this moment the coin has a low volume range, and it can take some time before the whales can pump it. Depending on the match of 500 coins we did select this coin as a possibility where whales can breakout it in the coming time. Remember that trading has no guarantee and that this idea is a possibility of what can happen with this coin.
Long
by Goldenbreakout
Strong BULL coming $PEPEThis is my last call for the BUY zone on $PEPE/USDT. 1. Falling wedge most likely will be breaking above soon. 2. 4H timeframe identifies a very strong bullish divergence. (if you check previous divergences, $PEPECOIN is always reflected on them!) 3. We have a very strong support zone! 4. rumors about Robinhood are very strong than ever! P.S Be greedy when others are afraid, and be afraid when others are greedy! P.s.s All this SEC lawsuits are just to make people afraid and let them buy cheap, countries like China and Russian are getting into Crypto, do you really think USA will ban crypto overall? If yes, then you just leave this space and continue 9-6 work. :))) P.s.s.s If somehow my analysis is incorrect about $PEPE/USDT, this will be my last publishing.
Long
by UncleSurfer
3
BXX : TREND BREAKOUT - THE SLEEPING GIANT Today we did study this low-cap coin and found out that there is a good possibility BXX can get out of the trend and add a new breakout view. This coin Have made some interesting change in the TA structure, which allow us to give it some time to see if this breakout will confirm. We have checked - Coin structure - TA - Upcoming volume depending on the data of the last 7 days. also, the main reason for choosing this coin is that this coin shows a trend that did not show before. There is no guarantee in trading, do always study, and low-cap coins can be risky. The goal is to find coins where the possibility is high that it can break out.
Long
by Goldenbreakout
5
PEPE Coin | A Whale Sold PEPE at 52% Loss !A substantial loss was incurred by a whale who sold over 400 billion PEPE tokens at a 52% loss. The sale involved the transaction of 468.5 billion PEPE tokens, in exchange for 109 ETH valued at $190,000 and 237.5 thousand USDT. The unfortunate outcome of this transaction left the whale with a significant loss. On May 9, the whale withdrew approximately $890,000 worth of PEPE tokens from the KuCoin exchange. In my view, there appears to be a significant downward trajectory ahead. Looking forward to read your opinion about it.
Short
by TopgOptions
pepe---> why i see downward movement?hello guys... I was hopeful to find an area for the long position but unfortunately, I only see the potential for a short position. however, two green areas are GOOD for long position but be aware that adjust your target tiny! --------------------------------- always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
41
Pepe looking like BTC bearish as can be, Mr. Bigshort back at itI was in long initially, my plan was to hold till the supply zone, however after I reviewed BTC is looks like it can potentially go lower, measured move of 23k still on the table, with that being said I am short Pepe with a take profit around 0.0000007724, my stop loss is tight around 0.0000009742, take profit at the measured move, happy trading folks , I absolutely crushed it today somewhere around 450% gains, I hope you did also ! Happy trading folks
Short
by Crypto_Cam_1
1