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Pepe

Is #PEPE still headed for the moon or is the rally done?I don't trade this coin, but here is what I was talking about on this morning's Wolf of All Streets Podcast with a bit more information. My count suggests that wave (iii) of ((iii)) terminated at the current swing high. Since, then wave (iv) has been printing what appears to be a flat correction. If so, then it is likely complete at the swing low. However, further decline has targets of the 38.2% and 50% retracement levels, respectively. The targets are based on the completion of wave (iv) and are denoted by the red arrows. It's possible that a double top formed, which would give us a pattern target of the 50% retracement area at the hourly pivot. But we need to see further breakdown to confirm that likelihood. Failure to do so will invalidate the pattern. So, if price rallies, instead, then an impulsive breakout above the descending purple resistance will signal that wave (iv) is likely complete. Further breakout above the wave b extreme will add confidence to the count. And wave (v) of ((iii)) has one of the red arrow targets depending on which of the pullback targets is hit. Basically, I'm looking for an impulsive breakout above the purple line to signal that wave (iv) is likely complete, no matter which pullback target is hit. Further breakout above wave b will signal that wave (v) of ((iii)) is likely in progress to one of the aforementioned targets.
by Chris_Inks
Firm Resistance For PEPE around $0.0000014Clearly we have a pretty strong resistance level around 0.0000014. Now let's break it down to the 4 hour level. That 0.0000014 resistance level halted advances on two four hour candles. We are seeing some support which is where PEPE bottomed out yesterday. We look to be forming an ascending triangle with that 14 level being firm resistance. As you can see the trend line which has been in effect since saturday is quite strong and could continue to push shares higher. Obviously I only have two weeks of chart data to work with here but one thing that every chartist would agree with is that the $0.0000014 resistance level is pretty significant and if we get a break of that level we are likely to see more upside. Join our reddit page Pepecryptocurrency for daily chart and info !
Long
by Value-Invest
PEPE IS DANGEROUS take carePepe coin , like many other cryptocurrencies, is subject to volatility in its price, which can be affected by a range of factors such as market sentiment, news events, and technical analysis. In recent weeks, Pepe coin has been retesting and consolidating between two key levels, represented by a red line and a green line on the chart. This consolidation suggests that buyers and sellers are in a state of equilibrium, which could lead to a potential rise in price if the balance tips in favor of the buyers. If Pepe coin breaks out of this consolidation range and moves above the red line, it could signal a bullish trend and attract more buyers into the market. This increased demand could drive up the price of Pepe coin, potentially leading to a surge in value. However, it's important to note that cryptocurrency markets are highly unpredictable and investors should always exercise caution and do their own research before making any investment decisions.
PLong
by ThewitcherCrypto
PEPE Pepecoin Beware of a Rug Pull !!PEPE or Pepecoin is a meme crypto without any fundamentals that has a market cap of USD303 Million! Beware of a Rug Pull! A rug pull is a scam where a cryptocurrency developer and group of paid influencers hypes a project to attract investor money, only to suddenly shut down or disappear, taking investor assets with them. The name comes from the idiom “to pull the rug out” from under someone, leaving the victim off-balance and scrambling.
Short
by BuySellMarketMaker
13
SOLANA 200% Potential After Inverse Head & Shoulder Pattern ?SOL/USDT Technical Analysis Update = SOL is currently trading at HKEX:23 level. = The chart indicates a breakout at $22.50 with a successful retest at $20.50. = Our stop loss is marked at $19.26. = We are bullish on SOL, with an entry point between HKEX:23 - HKEX:21 and targets at HKEX:35 , HKEX:46 , HKEX:57 , and $82. = The Inverse Head & Shoulder pattern indicates a potential target of HKEX:66 , a 200% move from the breakout level. = The technical analysis suggests that SOL is a bullish cryptocurrency with strong potential for an upward move. = Investors should conduct their own research and risk analysis before making any investment decisions. = Disclaimer: This post is not financial advice. Follow us for more Quality Chart Analysis. Thank you.
Long
by CryptoPatel
5
Bitcoin Potential Trading Setup AlertPotential Trading Setup Alert BTCUSDT has bounced after a candle close below support and formed a bullish engulfing pattern. This indicates that BTC may hit $27800-$27900 before any further breakdown. My short bid is at $27800-$28000 with a stop loss at any 4H close above $28000 and my target is $25200. Remember, trading carries risk, so it is important to do your own research and have a solid risk management strategy in place. Stay safe and happy trading! Follow us for More Chart Analysis. Thank you.
Short
by CryptoPatel
2
Ethereum Head & Shoulder Pattern So Bearish Chart ?Ethereum Chart Analysis:- Ethereum (ETH) is currently trading at TSE:1841 and looks bearish in the high timeframe (8H). There is a potential formation of a head and shoulders pattern that may suggest a price target of HKEX:1500 in the coming weeks. Investors should keep an eye on the HKEX:1830 level, which could potentially act as a support level before a further drop. Key support and resistance levels are at HKEX:1830 , TSE:1570 , and HKEX:1920 , and investors should monitor them for potential buying or selling opportunities. It is important to conduct your own research and analysis before making any investment decisions. Always try to learn as much as possible and never trust blindly to anyone. This article is for informational purposes only and is not financial advice. Follow us for more Quality Charts. Thank you.
COINBASE:ETHUSDShort
by CryptoPatel
1
PEPE - Speculating on the newest MemeIts hard to accurately chart a semi-liquid post-parabolic memecoin, but it looks like a major decision point incoming. If major bids don't show up soon, it will drop down to retest the horizontal support, and failing that lead to a breakout to the downside. However a small downsize move below support could confirm a flag and leads to a nice rally if it taps a sufficient demand zone. Note: Liquidity is a risk with this token and at any point one of the larger bagholders could crush the price due to limited liquidity. If that improves it also improves the prospects for a longer term price appreciation. My bias is still to the downside in the near term, with the descending resistance against the horizontal support with diminished volume. But if it breaks to the downside I'll consider buying a small bag, even just HKEX:50 , and holding to the next bull market. Cautious traders should look for a higher low before considering entry. While there were many other Pepe tokens attempted in the past, this one gained more traction and could do well in the next bull market.
by 1BigPapi
Binance Coin (BNB) Technical Analysis: A Bearish Outlook Binance Coin (BNB) Technical Analysis: A Bearish Outlook for Short-term, Bullish for Long-term Binance Coin (BNB) is one of the most popular cryptocurrencies in the market, and it has been on a rollercoaster ride recently. Currently trading at FWB:334 , BNB has risen by 82% from its recent bottom, but it is still far from its all-time high (ATH) of HKEX:700 in 2021. In this technical analysis, we'll look at the BNB/USDT chart and try to determine what the future holds for this cryptocurrency. BNB's Recent Performance As per the chart, BNB has been on a positive trajectory since hitting its recent bottom. However, the analyst doesn't expect the coin to hit a bottom in this bear market. They predict that BNB's bottom would be HKEX:120 as the weekly chart is still forming a bearish flag. The analyst has a bearish outlook on the short-term prospects of BNB, but they note that the long-term outlook is bullish. Supply and Demand Zones The biggest supply zone for BNB is currently between $350-$400. If BNB breaks this resistance level, the analyst becomes bullish. They predict that BNB will hit HKEX:400 before the next leg down, after which a new low/bottom will be formed. The bear market bottom is expected to be around $100- HKEX:120 , after which a strong bounce can be anticipated. Long-term Outlook The analyst's long-term outlook for BNB is bullish due to the bull flag forming in the weekly chart. They predict that in the next bull run, BNB will reach HKEX:1500 -$2000. However, they note that every time the BNB bull market begins, it starts from the 0.5-0.618 fib retracement level, which has not yet occurred in the current market. The 0.5-0.618 fib retracement level for the current market is around HKEX:95 -$140, which the analyst believes will be the best accumulation area. Key Takeaways Binance Coin (BNB) is currently trading at FWB:334 , up 82% from its recent bottom. The bear market bottom for BNB is expected to be around $100- HKEX:120 , after which a strong bounce can be anticipated. The biggest supply zone for BNB is currently between $350-$400. If BNB breaks this resistance level, the analyst becomes bullish. BNB is expected to hit HKEX:400 before the next leg down, after which a new low/bottom will be formed. The long-term outlook for BNB is bullish, with the analyst predicting that it will reach HKEX:1500 - HKEX:2000 in the next bull run. Conclusion In conclusion, this technical analysis predicts that BNB will experience a short-term bearish outlook and hit a bottom of around $100-$120. However, the long-term outlook for BNB is bullish due to the bull flag forming in the weekly chart. Investors are advised to do their own research before investing in any coins.
Long
by CryptoPatel
4
SHIBUSDT - Dunning Kruger Effect with PepeHi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's analysis, we're taking a look at the Dunning Kruger Effect. Dunning-Kruger effect, in psychology, is a cognitive bias whereby people with limited knowledge or competence (in a given intellectual or social domain) greatly overestimate their own knowledge or competence in that domain relative to objective criteria or to the performance of their peers or of people in general. This happens in trading all the time. In fact, we probably all started there if we're being honest. So - What causes the Dunning-Kruger effect? Confidence is so highly prized that many people would rather pretend to be smart or skilled than risk looking inadequate and losing face. Even smart people can be affected by the Dunning-Kruger effect because having intelligence isn’t the same thing as learning and developing a specific skill. Many individuals mistakenly believe that their experience and skills in one particular area are transferable to another. Many people would describe themselves as above average in intelligence, humor, and a variety of skills. They can’t accurately judge their own competence, because they lack metacognition, or the ability to step back and examine oneself objectively. In fact, those who are the least skilled are also the most likely to overestimate their abilities. This also relates to their ability to judge how well they are doing their work, hobbies, etc. The Dunning-Kruger effect results in what’s known as a double curse : Not only do people perform poorly, but they are not self-aware enough to judge themselves accurately—and are thus unlikely to learn and grow. So how can we prevent ourselves from falling into this trap? Here's a few things to keep in mind: To avoid falling prey to the Dunning-Kruger effect, you should honestly and routinely question your knowledge base and the conclusions you draw, rather than blindly accepting them. As David Dunning proposes, people can be their own devil’s advocates, by challenging themselves to probe how they might possibly be wrong. Individuals could also escape the trap by seeking others whose expertise can help cover their own blind spots, such as turning to a colleague or friend for advice or constructive criticism. Continuing to study a specific subject will also bring one’s capacity into a clearer focus. Practice these habits to ultimately escape the double curse: - Continuous learning. This will keep your mindset open to new possibilities, whilst increasing your knowledge over time. - Pay attention to who's talking about what. Is the accountant talking about bodybuilding? - Don't be overconfident. This is self explanatory. I hope you enjoyed this post today! Please give us a thumbs up 👌 _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Education
by CryptoCheck-
42