PEPEUSDT
PEPEUSDT.1DThe PEPE/USDT daily chart shows a cryptocurrency that has been consolidating recently, with the price oscillating around the R1 level at 0.00000809. Currently, it's trading slightly below this resistance level.
The RSI is at 52.11, which is just above the midpoint of 50, indicating a neutral to slightly bullish sentiment. However, the RSI is trending downward, so caution is warranted. The MACD is right around the baseline with a very slight bearish bias, as indicated by the negative histogram.
The support level S1 at 0.00000387 represents a critical point for traders to watch. If the price sustains above this level, it might indicate stability and potential for an upside breakout above R1. If the price breaks below S1, it could signal a bearish continuation.
For the bullish scenario to gain credibility, we'd need to see a strong move above R1, accompanied by an upward RSI trajectory and a bullish crossover in the MACD. As always, it's important to look for confirmation from other indicators and to stay updated on news that could affect market sentiment.
$PEPE BULLISH Bump and runHello everyone, Hope your having a profitable day! Smash that like button and and lets dive into it!
CRYPTOCAP:PEPE
Timeframe: 1 hr
1 week price prediction?
Expecting CRYPTOCAP:PEPE to break $0.000007 and run up to $0.000007356 where it will retrace likely down to $0.000006555 which is where i will be going long again all the way up to $0.00000825
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The bump and run reversal pattern (BARR), discovered by Thomas Bulkowski, is a chart pattern that occurs when there is a sharp rise or fall in the price of an asset due to excessive speculation and volume spike. This pattern consists of three distinct phases:
Lead-In: During this phase, the price trend experiences a sustained period of appreciation. It sets the stage for the subsequent pattern formation.
Bump: The bump occurs when there is a relatively large and impulsive move in the price. In a bearish bump and run pattern, this move is upward, creating a noticeable “bump” on the chart. Conversely, in a bullish bump and run pattern, the move is downward.
Run: Following the bump, the price action reverses rapidly, breaking its trend line. This sharp reversal is referred to as the “run” component of the pattern.
Here are five tips to confirm and trade the bump and run chart pattern:
Angle of the General Trend: Identify a trending stock with an inclination between 30 and 45 degrees on the chart.
Angle of the Bump: The bump should be steeper, reflecting an impulse move. A valid bump typically has an inclination between 45 and 60 degrees on the chart.
Trading Volumes: Pay attention to trading volumes. Adequate volumes are crucial for validating the bump and run formation.
Remember that the bump and run pattern is rare, especially on larger time frames like the daily chart. However, if you spot it, it can provide profitable trading opportunities. Whether you’re trading stocks, commodities, or currencies, understanding this pattern can enhance your technical analysis skills. 📈📉
Thanks, Liquidmex
PEPEUSDTPEPEUSDT was trading under the declining trendline. The price was reacting well the support and resistance of trendline
Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 0.000009500.
What you guys think of this idea?
$PEPE: Triangle Breakout Targeting New Highs?Meme stocks have been consolidating recently, and CRYPTOCAP:PEPE appears poised for a breakout. A bullish triangle pattern has formed on the chart, suggesting a potential move to new highs if confirmed.
Applying Elliott Wave Theory, we can see a potential five-wave impulse move up from the April 5th low. The recent retracement found support at a critical level - the 78.6% Fibonacci retracement of wave (i). This is a significant bullish sign.
While my outlook is bullish, a short-term pullback (around 10%) suggested by the orange line could occur to shake out weak hands before the next leg up.
The key support level to watch is the 78.6% Fibonacci retracement. A break below this level would weaken the bullish case.
So, overall, the technical indicators for CRYPTOCAP:PEPE are bullish. A confirmed breakout from the triangle pattern and continued support above the 78.6% Fibonacci level could take it ttowards new highs.
🐸PEPE🐸 is Ready to Correct 🚨➖50%🚨🐸As I shared with you in the analysis a few days ago , PEPE continued its upward trend and was able to create a New All-Time High(ATH) . ( PEPE has increased over 😱➕200%😱 since my analysis ).
🚀 PEPE managed to break the 🔴 Resistance zone 🔴with high momentum and create a New All-Time High(ATH) .
🌊According to the theory of Elliott waves , it seems that PEPE has completed the main wave 3 and is in the process of completing the main wave 4 .
🔔I expect PEPE to return to the broken 🔴 Resistance zone 🔴 (pullback) to complete main wave 4 and decline by 🚨➖50%🚨 .
❗️⚠️Note⚠️❗️:If PEPE goes back below the 🔴Resistance zone🔴 again, we should expect more PEPE falls.
❗️⚠️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.
💎 BTC/USDT - Going for $100K ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly time frame, we can see that the price after the correction up to $64,000 went up again and increased up to $72,800! Now the price is trading in the range of $70,000 and in 7 days we will witness bitcoin halving which can cause heavy fluctuations of this cryptocurrency! We are impatiently waiting for this event! After halving, we may see Bitcoin grow up to $100K! But be careful, before the start of this growth, we may see a drop and dumps in the price to Stop Hunt for collecting liquidity from the whales!
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
PEPE Technical Analysis and Trade IdeaIn our video, we delve into the technical analysis and trade idea for #PEPE. Our evaluation reveals a potential selling opportunity. We’ll break down the current price trend, scrutinize recent price movements, consider market dynamics, and pinpoint a potential entry point based on favorable technical analysis. However, it’s vital to stress the significance of robust risk management practices. Please keep in mind that this video is purely educational and should not be construed as financial advice.
#PEPE/USDT#PEPE
The price is moving in a bearish channel on a 4-hour frame, the price is moving inside it and it was broken to the upside
We have a major support area at 0.00000600
We have a higher stability moving average of 100
We have an uptrend on the RSI indicator that supports the rise
Entry price is 0.0000730
The first goal is 0.000000820
The second goal is 0.0000915
The third goal is 0.00000995
Oldie but DOGE. Strong rebound while BTC stays weak. Bullish.Hi,
Doge is strong while Bitcoin is still showing weakness.
A breakout above the local top of $0.194ish is expected to take Doge to $0.32 as shown in the chart.
As you've seen in recent posts, you have to overcome FOMO & FEAR to make 2x, 10x, 100x returns.
Remember that DOGE's last cycle's 250x gain was accompanied by multiple 50+% pullbacks, so I recommend not using leverage too much.
Avoid fear, and trust the journey.
1PERCENT
PEPE-USDT | 4H | TECHNICAL CHART Hello traders, BINANCE:PEPEUSDT I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Alikze => PEPE | Pullback to the 61.8 Fibo areaIn the daily time, it is moving in an ascending channel. According to the movement of the previous wave that went through a cycle and then in the form of a zigzag correction in the range of 0.38 fibo, the previous wave has encountered support and is currently above 61.8 fibo, and the recent correction can be a pullback after the failure of the zone, which has the ability to rise. It will have up to the specified range of supply and after that minimum wave return will continue up to the specified areas. But if the current range is broken, there is a possibility of correction to the bottom range of the channel for recovery.
🟩Sup: 0.0000011693
⛳️Tp 1:0.0000015830 - 0.0000016760
⛳️ Tp2 :0.0000020329
⛳️ Tp3 :0.0000025657
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PEPE & BONK- Will they make headlines again?Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days.
While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature.
In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an inverted head and shoulders pattern. This pattern led to a significant surge in the coin's value, resulting in a new all-time high and a gain of around 13X in just three weeks.
Following this surge, there was a normal correction that halted precisely at the 50% Fibonacci retracement level. At this point, it's likely that the correction is over, and we could anticipate another upward movement.
Considering a similar rise in the future, we might expect another 10-fold increase.
BONK:
Had also a strong 5X rise at the end of February, followed by a correction after making the ATH that is nicely aligned with the horizontal support.
Also here the correction seems over and a new strong leg up could follow.
Keep in mind the nature of the coins and trade ONLY what you can afford to lose!!!
solpepeusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
PEPE: Resistance WatchOur technical analysis of PEPE on Binance showcases the emergence of bullish momentum as evidenced by the recent positive crossover in the MACD and an RSI climbing above the midpoint, signaling increasing buying pressure. The trading volume appears robust, adding credibility to the recent price movements.
However, price action indicates that PEPE is encountering a strong resistance zone, hinting at a consolidation phase before any potential breakout. Traders should keep an eye on this level as a sustained push above could validate the bullish scenario.
It's also important to monitor Bitcoin’s market movements, as a downturn in the leading cryptocurrency may adversely affect the altcoin markets, including PEPE, potentially reversing recent gains.
The market presents a cautious optimism for PEPE, with key technical indicators tilting towards the bulls, yet the looming resistance and external market influences call for a measured approach.
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