PEPE/USDT potential shift from support? 👀 🚀 PEPE analysis💎 Paradisers, turn your focus to #PEPEUSDT. It's currently displaying promising activity within a support zone, suggesting a potential bullish shift.
💎 Recently, we observed #PEPEUSDT breaking out from a descending channel, signaling the start of a bullish trajectory. It is now retesting what was once the channel's resistance, which has since evolved into a supportive base. Notably, it's positioned above the EMA 200, adding to our optimism that, following a brief interaction with the EMA, it might begin its ascent.
💎 Furthermore, the VRVP indicates significant volume at this level, enhancing the likelihood of continued upward movement. However, caution is advised: if the price fails to maintain its momentum and falls below both the EMA and the support zone, it could be pulled towards a critical demand level.
💎 As always, it's vital to implement wise trading strategies and set appropriate stop-loss measures. Stay vigilant and keep an eye out for further insights and market movements.
MyCryptoParadise
iFeel the success🌴
PEPEUSDT
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: Bullish Outlook with Consistent Trend Line Support 📈Current Market Context:
PEPE’s price action is showing strength with consistent support on a rising trend line. The recent follow-through by the bulls indicates potential for further upside. However, given external market risks, this trade will be executed with low leverage.
Trade Strategy:
Entry: Initiate a trade at the current market price.
Take Profit: Set multiple take profit targets to lock in gains at different stages:
First Target: $0.0112
Second Target: $0.012
Third Target: $0.016
Stop Loss: Place the stop loss just below the blue support line, which aligns with the rising trend line. Specifically, close the trade if PEPE closes below this level.
Rationale:
Technical Analysis: The consistent taps on the rising trend line and bullish follow-through suggest strong support and potential for continued upward movement.
Risk Management: Given the external market risks this week, the trade will be conducted with low leverage, and the stop loss is strategically placed to minimize potential losses.
🐸PEPE🐸 is Ready to Correct 🚨➖40%🚨✅As I expected in the previous post , PEPE was corrected by more than ➖50% .
🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type .
📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or weakness and an impending market reversal.(A truncation often occurs following a particularly strong third wave)
🔔I expect PEPE to drop to at least the Support line after breaking the Uptrend line (➖40%).
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
PEPE FOLLOW ME~!Hello, Friends!
It's the PEPEUSDT chart.
PEPE has hit a new high these days.
It's coming down after recording the High high.
What's the next direction?
I'm looking at it like this.
1. If it keeps the GREEN uptrend line, It will reach the purple uptrend line.
2. If it breaks through the BLUE downtrend line due to strong buying-force and keep it, It can even go to the RED uptrend line.
$PEPE/USDT Bullish overall. x20 potential, trading plan.CRYPTOCAP:PEPE is a great meme coin, and I am very bullish on it. If you believe in the power of community, then CRYPTOCAP:PEPE should be in your portfolio.
Why CRYPTOCAP:PEPE is a great investment:
Circulating Supply: 420,689,899,999,994 PEPE
Maximum Supply: 420,690,000,000,000 PEPE
CRYPTOCAP:PEPE is everywhere; it is a genuine meme, posted on Twitter all the time. If you haven't seen it, you might be blind! Compared with SEED_DONKEYDAN_MARKET_CAP:BONK , CRYPTOCAP:SHIB , or most other memes, they are seldom used as memes.
CRYPTOCAP:PEPE has no venture capitalists, and all the coins have been released. Therefore is no inflation. This makes CRYPTOCAP:PEPE a better investment than TSXV:SEI , CRYPTOCAP:INJ , NASDAQ:OP , or NYSE:SUI , which have token unlocks for many years and potential VC dumping.
CRYPTOCAP:PEPE recovers strongly. Its bullish waves are epic, showing high volume, a lot of holders (over 200,000), and high resistance to CRYPTOCAP:BTC dumps. The last 22% dump from CRYPTOCAP:BTC didn't destroy CRYPTOCAP:PEPE ; it recovered faster than any other coin.
CRYPTOCAP:PEPE has broken out of its descending channel and is now starting a new bullish wave.
Compared to CRYPTOCAP:SHIB , CRYPTOCAP:PEPE has better tokenomics, more holders, and better resilience, so I think it should grow bigger than the old $SHIB.
In this bull run, CRYPTOCAP:PEPE could easily rise to a +30B valuation, which would be roughly a 20x increase from now.
This is not financial advice; do your own research (DYOR).
💎 GTAI/USDT : “Rising Returns: GTAI/USDT’s Demand Zone Surge”Upon reviewing the GTAI/USDT chart in the 12-hour timeframe, we observe that the price has shown a positive reaction each time it entered the demand range of $1.68 to $1.80. Last week, as expected, this cryptocurrency initially underwent a minor correction and then we witnessed a 15% increase again! I still expect the price to show a positive reaction when it reaches this demand level again! The expected return in the short term is between 20% to 50%, and in the long term, it is over 200%.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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📊Analysis by AhmadArz:
🔗"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."
🚀Please boost and💬 comment to share your thoughts with us!
Nothing!!!Hi.
➡️ the odds of another bullish Movement is Pretty high because the pattern which PEPE is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
✨Targets are:
🎯$0.00000769
🎯$0.00000893
🎯$0.00001025
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
The Power of Retail Investors ---- PEPEIn the past two days, the U.S. stock GameStop has experienced another obvious pump again after three years. Roaring Kitty, a representative of retail investors, posted on X after three years of silence. The follow-up of retail investors caused the stock price to rise. At the same time, meme coin GME, Kitty, etc. also had pumps.
Due to its poor performance, GameStop continues to be shorted by large asset management companies, and its value is separated from its business support. Three years ago, financial institutions restricted long positions on GameStop, which caused strong dissatisfaction among retail investors and led to a short squeeze phenomenon. Whether it is from the current value of GamStock or the type of holders, it can be described as a meme stock.
Fair is the biggest consensus of meme coin. This is why this stock market event spread and affected the crypto market. This is the power of retail investors. Meme coins have seen a significant rise in the past two days. In addition to the eponymous tokens GME and KITTY, the highly decentralized PEPE has also seen a significant increase.
We have analyzed PEPE before and gave a BUY signal on February 23 through the TSB indicator, believing that PEPE is about to rise. On May 2, after the TSB indicator once again prompted a BUY signal, PEPE began to rise again. Currently PEPE is refreshing its ATH. We can see the formation of long green candles over the past two days, accompanied by increased trading volume. The bullish trend is healthy.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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.
PEPEUSDT(Pepe) Daily tf Range Updated till 14-05-24PEPEUSDT(Pepe) Daily timeframe range. while other alts taking a hit, its on fire. right at the door of price discovery. beyond that got good chances. 0.00000999 a healthy close above this will determine the breakout. recent support is at 0.00000632.
1000PEPEUSDT: Crafting a Possible Head and Shoulders Symphony"PEPEUSDT is delicately composing what appears to be a head and shoulders pattern, a classic chart formation that often signals a significant shift in market sentiment. This potential pattern is capturing the attention of traders and analysts alike, hinting at an impending reversal in the current trend. As each part of the pattern comes into clearer focus, the anticipation builds, with market participants poised to respond to the unfolding narrative. This development in PEPEUSDT's chart could orchestrate a dramatic turn in its price trajectory, offering a compelling story for those attuned to the rhythms of the crypto market."
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!
___________________________
✓✓✓ 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
PEPEUSDT.1DEvaluating the daily chart of PEPE/USDT, I can identify several important technical elements and trends that are key to formulating an investment or trading strategy.
Key Resistance and Support Levels:
Resistance 1 (R1): $0.0000946 - This is a significant level where the price recently peaked, indicating potential selling pressure at this price point.
Support 1 (S1): $0.0000580 - This level is acting as the immediate support where the price could potentially find a floor if it retraces.
Support 2 (S2): $0.0000387 - A lower support level that could come into play if there is a substantial breakdown below S1.
Support 3 (S3): Lower still, it acts as a further fallback should a significant selloff occur.
Technical Indicators:
Relative Strength Index (RSI): Currently at 56.99, the RSI suggests a slightly bullish momentum but still under the overbought threshold of 70, providing room for potential upward movement without immediate risk of reversal due to overbuying.
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line but very close to it, indicating mild bullish momentum. However, the proximity to the signal line suggests that this could easily swing if market sentiments change.
Trend Analysis:
The chart shows a rising trend line, indicating an ascending support level that the price has been following. This pattern suggests that as long as the price remains above this trend line, the bullish outlook remains valid. However, the proximity of the price to this trend line also means that any break below could signal a change to a bearish trend.
Conclusion:
Based on the analysis of the PEPE/USDT chart, the market is currently showing signs of consolidation within a bullish trend, as indicated by the rising trend line and the RSI's position. A prudent strategy would involve monitoring the price action around the immediate support level at $0.0000850. If the price holds above this level, it could be an opportunity to buy with a target of R1 at $0.0000946, setting a stop loss slightly below the trend line to mitigate risk.
Should the price break below the trend line, it would be wise to reassess the bullish stance, as it could indicate a shift to a bearish trend, potentially targeting lower supports at S2 and S3. As always, monitoring volume and market news will be crucial in confirming these signals and adjusting strategy accordingly.