PEPE price still has the strength to do Xs ?)Our last year's target for the PEPE price is still relevant $0.0000146-0.0000157
The only question is: will this growth be right now or after a -50% price correction?
We are ready to enter the discussion in the comments
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Pepeusd
$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.
since me post $PEPE breakout up ++++100%The recent breakout of CRYPTOCAP:PEPE has been nothing short of spectacular, with the token skyrocketing by over 100%. This impressive surge in value highlights the incredible momentum CRYPTOCAP:PEPE has gained in the market. As traders, recognizing the significance of such breakouts is crucial for maximizing profits.
In light of this breakout, it's an opportune moment to consider taking full profits. The rapid increase in price presents a prime chance to capitalize on the gains. While the excitement around CRYPTOCAP:PEPE is palpable, prudent trading involves securing profits when the market conditions are favorable.
For those holding CRYPTOCAP:PEPE , this surge serves as a reminder of the volatile nature of the crypto market. It's essential to remain vigilant and strategic in trading decisions. As always, ensuring a well-balanced portfolio and adhering to a defined risk management strategy are key to long-term success in crypto trading.
This idea is categorized under trend analysis, reflecting the importance of monitoring market movements and making informed decisions based on current trends. Let's ride the wave of CRYPTOCAP:PEPE 's success and lock in those profits!
PEPE/USDT Analysis: Bullish Breakout and Key Targets📌In this video, we dive into the latest price action of PEPE/USDT on Binance. We analyze a significant bullish breakout from the support level and identify key resistance zones. Learn how to leverage these insights for potential trading opportunities. Don't miss out on this in-depth technical analysis using TradingView!
📊PEPE/USDT Analysis: Bullish Breakout and Key Targets
PEPEUSDT: On the way to create a record high!Dear Traders,
PEPEUSDT has some extreme bullish behaviour due to that in our view this crypto is likely to continue its bullish momentum for long period. It would be ideal for someone who has been looking to swing buy this crypto. Good Luck.
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PEPE! Lilly pad to trampoline! PriceAction If you find this information inspiring/helpful, please consider a boost and follow!
Bounced off of level, now watching for it for clues on the next move.
Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns.
So watching these IDM for now for clues of a retrace or slow down before the next move, but again right now the pattern is impulse up correction down.
...patterns change though.
PEPE breakout eyeing up to 50% gains!Last week CRYPTOCAP:PEPE broke out of an inverted head and shoulders formation and it seems to be correlated with mania surrounding $GME. We have since retraced much of the move to retest the pattern's neckline and so far it has held. Looking for price to move now to 0.000012-0.000014 in the short term, which would be up to 50% gain!
On the shorter timeframe its possible that price is within a descending channel of sorts. Price will start moving up quicker once we have broken that formation.
"New ceiling" or "end of wave 5"?Hello everyone, I hope you're doing well.
Here are several reasons why this upward wave could be wave 5, as I'll explain for clarity:
The most important reason is the completion of the 5th bullish Elliott wave and negative divergence on waves 5 and 3.
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Considering the deep correction within a chart pattern, the structure of wave 4 indicates it was indeed wave 4, and now PEPE is at the end of wave 5.
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Another factor contributing to this deep correction is excessive trend chasing.
Newcomers often flock to meme coins, expecting wave after wave of upward movement and rapid ATH (All-Time High) achievements with massive profits. Hence, the market corrects these individuals.
Another reason is the dominance of PEPE domains, which have reached their primary trend ceiling, and we may likely witness significant correction in Pepe from this point onwards.
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Please note that if the analysis is correct,
the structure of wave A will be very clever in a way that you should expect a temporary correction.
Your likes, follows, and comments give me energy 🔥
PEPE, LillyPad going to hold? Elliott wave Price ActionIf you find this information inspiring/helpful, please consider a boost and follow!
CRYPTOCAP:PEPE following the path I laid out.
Not its at a discission area in my opinion.
If it can hold this level I am thinking it will give another bounce.
IF it breaks below the level I will be watching to see if the level plays again as resistance.
priceaction analysiswait
wait
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📊Analysis by AhmadArz:
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PEPE jump and hold? Elliott wave If you find this information inspiring/helpful, please consider a boost and follow!
All about the level.
It looks like a 3 wave move down, and up, atm.
Could count it to fit so other sideways variants.
But this would be the most dramatic.
All depends on if this is a Liq grab or continuation.
pepe → another rising wedge patternhello guys...
as I published before the green area worked great for this coin, you can check it here:
this coin made a rising wedge before and broke it down! now is forming another one if the blue area will break down (I mentioned it on the chart) you can get a long position!
otherwise, you can count on a bullish trend for this coin!
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PEPE Out of the flagMy previous setup for PEPE was correct, but i got stopped out due to an early entry. Pepe actually broke up from a bull flag after a break of major trendline, and i think we could see a continuation of the pump after a retest of the support zone at $0,..73. First target the resistance level at $0,..83
PEPE: sel if beark support📊Analysis by AhmadArz:
🔍Entry: 6707
🛑Stop Loss: 6987
🎯Take Profit: 6501 - 6253 - 5884
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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PEPE ANALYSIS (4H)A supply limit has been reached.
The PEPE structure is bearish (due to bearish CH and lower H and L on the chart).
But it has cleared important resistances. This point makes us look for buy/long positions on important supports.
If it reaches the red range, you can look for sell/short setups.
The targets are clear on the chart.
Closing a daily candle above the invalidation level 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
PEPE - DOWNTREND, another DUMP coming 📢📢 PEPE-USDT📢
PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting.
Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles back:
When we start to trade UNDER the green trendline, the price turns bearish and the trendline will now become red. For now, at least, it seems as though altseason may be over.
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BINANCE:PEPEUSDT