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Pepelong

$PEPE short term trading planFollowing my previous long term trading plan and after we hit all the target, I am publishing a short-term plan. It is clear that trading CRYPTOCAP:PEPE from here will not be a straight line to the moon, so let's prepare to buy and sell when necessary. Bear in mind that: - CRYPTOCAP:PEPE is a new coin, making it difficult to chart due to its limited history. - CRYPTOCAP:BTC can significantly impact this strategy. CRYPTOCAP:PEPE , like other altcoins, is very sensitive to CRYPTOCAP:BTC 's movements. - I am overall very bullish on CRYPTOCAP:PEPE in the long term; it is a solid coin to hold. Here are my concerns: - After a huge pump, there is usually a correction. CRYPTOCAP:BTC is not going to $100k without some hesitation, so many factors could slow down CRYPTOCAP:PEPE 's momentum. - There is a solid resistance area between 1076 and 1176. We can and will likely be rejected from here. - The Stochastic RSI on the daily chart is showing signs of a crossover, which could negatively impact CRYPTOCAP:PEPE for a week. Here are the positives: - The MACD on the weekly and daily charts is open and growing, which will push CRYPTOCAP:PEPE up compared to other coins for the next month or two. - CRYPTOCAP:PEPE might be listed on Coinbase Spot, which would be a major catalyst for a price pump. - CRYPTOCAP:PEPE is gaining widespread attention, and its fans are extremely active. - CRYPTOCAP:PEPE 's trading volume is higher than Ethereum's, attracting a large number of whale traders. I see 2 scenarios. They are labelled 1) and 2) on the chart! This is an opinion, not a financial advice, I might be wrong, so DYOR. Do not use leverage.
Long
by CryptoNikkoid
2
PEPE Long to Lose a 0PEPE has reached my lower target at the 0.786 Fibonacci level, signaling a prime opportunity to initiate a long position with a carefully placed stop loss. We're now poised for an ascent towards the 1.618 Fibonacci level. How to take profits 1.618 Level: Consider selling between 50% to 70% of your position. This is a significant target, marking a potential turn or pause in momentum. 2.0 Level: Take profit on another 15% of your holdings. This level represents a further stretch in price, warranting partial profit-taking. 2.618 Level: Aim to sell an additional 15%. Should the climb not extend to this lofty target, look to offload this portion anywhere in between the 2.0 and 2.618 levels. Disclaimer: I’m not a financial advisor, and this should not be considered financial advice. These insights are shared from my personal perspective and are intended for educational purposes only. Always conduct your own research and consult with a professional before making investment decisions.
Long
by SpaceMecha
13
PEPE for the next BULL RUNBullish Metrics: Centralized Exchange Deposits & Withdrawals: In the past week, exchanges saw a net outflow of 2,019,507,946,009.11 PEPE (worth $1,916,141.1). Investors may be relatively bullish on the token, opting to buy and transfer it to their wallets for storage. The average withdrawal price for PEPE was $0.000000948815827, which could reflect some investors' holding costs. Whale Position Changes: PEPE's whale holders increased their holdings by 7.45%, acquiring 6,594,744,948,556.28 PEPE tokens valued at $5,909,287.16. Among them, there are 24 large whales holding 16.58% of the PEPE supply, with a 5.91% change. Additionally, there are 48 small whales holding 6.32% of the PEPE supply, with an 11.72% change. Tps and SL are clear DYOR Not a financial advice
Long
by sinootech
2
PEPEUSDT - Macro Outlook BULLISH🐸Hi Traders, Investors and Speculators of Charts 📈📉 At opening, Pepe Coin surged in trading volume, outperforming Dogecoin and Shiba Inu! PEPE seems to have finally bottomed out after the opening crazy. This concludes the completion of the first cycle for a newly released altcoin, the liquidity drain cycle. From the chart we clearly see a short period of accumulation where the price trades sideways after bottoming out. This is where coins are accumulated to prepare for the next cycle or market phase, which is the upwards cycle. It's hard to say distinctively how high the price can go, but back up towards the opening price is always a reasonable target. Pepe's trading volume reached an astounding $281.3 million during the opening periods. The meme-inspired altcoin boasts a market capitalization of $631 million, exhibiting significant growth over the past week. In comparison to the more popular meme cryptocurrencies, Pepe has surpassed expectations in terms of trading volume. Notably, Dogecoin, with a 24-hour trading volume of $189.2 million and a market cap of $9.3 billion, trailed behind Pepe despite its larger user base and popularity. Similarly, Shiba Inu, another meme cryptocurrency, recorded a 24-hour trading volume of $100 million and a market cap of $4.6 billion, falling short in comparison to Pepe's performance. This surge in Pepe Coin arrives amidst a week of overall gains in the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) both increased over the past week. Bitcoin's 24-hour trading volume stands at $10.6 billion, while Ethereum's is at $7.2 billion. The rise of Pepe Coin highlights the enduring popularity and unpredictable nature of meme cryptocurrencies, which often experience rapid and substantial price movements. Pepe Coin itself has surged by an impressive 64% within the past week alone. The trading volume has been hovering around the $200 million mark, demonstrating significant interest. Moreover, Pepe Coin has achieved a remarkable 65% increase over the last 14 days. While it is still 64% below its all-time high of $0.00000431 from early May, the recent gains suggest that Pepe Coin has solidified its position as a meme token and is poised for further rallies in the future. On-chain data reveals that whales (large-scale investors) are continuing to accumulate Pepe Coin, further supporting the possibility of an upcoming surge. Analyzing Pepe Coin's chart, despite the slight dip in the past 24 hours, several positive indicators emerge. The relative strength index (RSI) has recently trended upwards after briefly falling below 50, suggesting a potential regain of momentum. Additionally, the 30-day moving average remains significantly above the 200-day average, indicating ongoing buying pressure and a favorable position for Pepe Coin. It is worth noting that the coin's support level has increased over the past week, minimizing the potential for further decline and setting the stage for a renewed upward trajectory. While Pepe Coin's rise may not be rooted in fundamental reasons or utility, its enduring community and market interest bode well for future gains. Whale accumulation, as demonstrated by available data, contributes to the optimistic outlook. It should be noted, however, that whale predictions are not infallible. Nonetheless, with sustained whale buying, Pepe Coin stands a strong chance of experiencing further growth in the near future. From its current level of $0.00000153, it could potentially rise to $0.0000020 in the coming weeks, with even more substantial gains expected in the months ahead, potentially toward the end of the year. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck OKX:PEPEUSDT BINANCE:PEPEUSDT BITGET:PEPEUSDT KUCOIN:PEPEUSDT KUCOIN:PEPEUSDT MEXC:PEPEUSDT MEXC:PEPEUSDT.P COINEX:PEPEUSDT OKX:PEPEUSDT.P CRYPTO:PEPEUSD
Long
by CryptoCheck-
32
PEPEUSDT - Bullish Opportunity 🚀PEPEUSDT - Bullish Opportunity 🚀 Overview: PEPEUSDT is presenting a compelling bullish setup, with a distinctive rounded bottom formation. This pattern suggests a potential trend reversal and the beginning of a significant upward move. Technical Analysis: Rounded Bottom: The current chart pattern resembles a rounded bottom, indicating a shift from bearish to bullish sentiment. Strong Support: The recent price action has found robust support, enhancing the bullish case. Volume Confirmation: Observe increasing volume during the formation of the rounded bottom, signaling growing market interest. Price Target: Considering the characteristics of the rounded bottom, we anticipate a substantial upward move. Our initial price target is set at 0.00000280, reflecting a potential gain of approximately 250%. Risk Management: Stop-Loss: Place a strategic stop-loss just below the recent support level to manage risk effectively. Risk-Reward Ratio: Maintain a favorable risk-reward ratio, aligning with your trading strategy. Disclaimer: This analysis is for educational purposes and does not constitute financial advice. Always conduct your research and use risk management strategies when trading. Conclusion: PEPEUSDT is displaying promising signs of a bullish reversal. Keep a close eye on price action, volume, and adhere to your risk management plan. Happy trading!
Long
by ND_Capital
PEPE is showing signs of a continuity of bullish momentumHarmonic bullish reversal move: Before starting the analysis of PEPE, I would like to share with you my most recent trade signal for PEPE, which I shared few hours ago. That was a harmonic bullish reversal Gartley move, which PEPE formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move. Massive Breakout from the channel: On a daily time frame chart, from may 2023 to June 2023 the priceline of PEPE coin has been moving inside a long down channel, and finally on 20th of June 2023, the priceline of the leading meme coin broke out the resistance of this channel and rallied more than 131%. But during this move the price got rejected by the long term resistance of $ 0.00000190 and formed another down channel. 2nd channel breakout: Now from July 2023 to September 2023, PEPE was moving inside in another down channel, and during this move to the downside there was a fake out happened, and price got rejected by a very long term resistance zone, which starts from $ 0.00000136 and goes to $ 0.00000146. After this rejection PEPE re-entered the same down channel now on 22nd of September it has broken out this channel as well. Inverse H & S breakout: Recently on a 4-hour time frame PEPE has broken out an Inverse Head & Shoulder pattern and now the price is getting accumulated above the neckline of this inverse head & Shoulder. Targets: Now if we take a look at the targets for all these patterns and breakouts, then the expected target for inverse Head & Shoulder is $ 0.00000082, and the recent channel’s breakout targets is $ 0.00000095, and the target for the breakout from the oldest channel, which was happened in the month of June 2023 is $ 0.00000210. Conclusion: PEPE is showing the sign of a continuity of the bullish momentum, because it has broken out a long down channel after 77 days, and recently broke out another inverse Head & Shoulder, moreover, after breaking out the head and shoulder pattern it also formed harmonic bullish reversal pattern and started another reverse from the potential reversal zone of this pattern as well.
Long
by moon333
1