PEPE short ideaAfter a break of the current range that formed. We've now had a deviation higher, which has fallen back into the previous range.
From here targets are the mid range of the channel AND the other side of the channel - which is the previous 12H low.
Invalidation is a break higher.
Current setup has two successive market structure breaks lower, and a lower high.
PEPEUSDT
PEPE PEPEUSDT Price Analysis (8h)Hello, esteemed traders and crypto enthusiasts!
Let's embark on a detailed exploration of PEPEUSDT's current market dynamics and presence of the Bullish Divergence. 📈💹
📉 Triangle Breakout and Target Projection:
PEPEUSDT's recent price action showcases a downward trajectory following a breakout from a triangle pattern. The configuration of this pattern signifies a potential target level hovering around the 8320 mark. Interestingly, this target aligns harmoniously with a zone that has previously acted as a crucial support area.
📈 The Emergence of Bullish Divergence:
However, a comprehensive analysis requires us to zoom in on the Relative Strength Index (RSI) indicator. Upon closer examination of the 8-hour timeframe, a noteworthy phenomenon is on the horizon: Bullish Divergence. This phenomenon is pivotal, as it signals a potential shift in the prevailing market sentiment.
🚀 Understanding Bullish Divergence:
Bullish Divergence occurs when the price of an asset is moving downwards while the RSI is moving upwards. This discrepancy suggests that the selling pressure may be waning, despite the price continuing its descent. It often foreshadows a potential trend reversal or a substantial price rebound.
📈 Harnessing Bullish Divergence for Trading:
In this context, if market participants perceive the emerging Bullish Divergence as a compelling buy signal, it could usher in a series of intriguing possibilities. This includes a potential rebound in the price trajectory. The violet resistance line, which had previously constrained the price, could potentially face a breakout.
🎯 Upside Targets and Potential Breakout:
Should this scenario materialize, the price movement might gravitate towards resistance levels located at 12500 and 14400. These levels are significant as they have historically acted as crucial barriers to upward price progression.
🚨 The Key Factor: Risk Management 🛡️:
As traders, it is crucial to underscore the significance of meticulous risk management strategies. While Bullish Divergence offers a glimmer of potential upward movement, it's essential to integrate this insight into a broader risk assessment framework.
Happy trading, fellow crypto enthusiasts! 🚀📈💰
SOLUSDT : GREAT SETUP FOR LONGHi friends.
As you see in chart we have great levels for long . good FVG and order Block area .
Please do your own result for taking position and do you own research.
SecondChanceCrypto
⏰ 6/August /23
⛔️DYOR
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 comments.
DOGEUSD h1 : LONG setupHi Guys Hope You well.
I decide to share you some position to trade . but please check the chart by your own result and research and do the best risk management and money management . Give the confirmation from lower timeframe.
SecondChanceCrypto
⏰ 6/August /23
⛔️DYOR
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 comments.
BTCusdt 1h : Long SetupHi guys hope You well
In 1 hour timeframe price can move up for last pullback . please give a confirmation and then trade .
SecondChanceCrypto
⏰ 3/August /23
⛔️DYOR
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 comments.
PEPEUSDT even more correction ❌🧨Hello 🐋
based on the chart
the price is close to the trend line and resistance zone in the parallel channel ✔️📚
so
we expect to see red candlesticks to the downside ❌🧨
besides
the range market and brief green candlesticks to the upside are acceptable scenario too 📖💡
if
we lose our support level, we will see even more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BTCUSDT H4 : SHORT SETUP Hi Guys Hope you well.
Finally, Bitcoin has left the long-term trading range. I expect to move with an erosion movement towards the ceiling of the dynamic channel, which is at the same time the supply area and FVG in low time.
In case of a fall, the price should be checked in the range of 28400 zones. we can expect the price to rise, but the behavior of the candlestick should be checked.
SecondChanceCrypto
⏰25/JULY/23
⛔️DYOR
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 comments.
PEPE COIN NEXT POSSIBLE MOVE!!In last 24 hrs pepe token price almost drop upto 10%.
1D AND 4H CHART
small bounce back expected from its first support
and incoming days possible we visite its 2nd support ( meme token if trade go against you then must book your loss longterm holding on pepe coin is not a good option )
FOLLOW ME FOR MORE ANALYSIS
PEPEUSDT SHORT PROJECTIONAfter consolidating for a period, PEPE's price has now broken below the support level. This breach suggests that there could be additional downward momentum in the near future, potentially leading towards the next support level. Additionally, on the 4-hour timeframe, there is a prominent double tops pattern observed over a strong resistance area. This pattern further reinforces the likelihood of a bearish movement in the market. Traders and investors should be cautious of the current situation and be prepared for potential further declines in PEPE's price.
MATIC/USDT 4h: Ready for FTB In the daily time frame Major SR is broken with a strong momentum candle and a fresh FTR zone is created
In the 4H time frame, the price approaches the FTR zone and we will probably see the first time back
I thing that by hitting the FTR and the trendline, it will be able to pull itself up to the specified order block
Reading your comments will encourage and improve me. Thank you
PEPE COIN Rally Update!Hey friends hope your well and welcome to the new update on a PEPE.
A channel, and Inverse Head & Shoulder move:
Earlier I shared an article in which I explained how PEPE broke out a channel and after the break out it was about to break another Inverse Head and Shoulder pattern, if you missed the previous post then below is the link:
Bull flag:
Finally the priceline broke out the resistance of the inverse Head & Shoulder pattern and rallied well. From the low of June up till the high of July it was more than 131% move, and during this move PEPE formed a bull flag, which is a clear signal for the continuation of this rally.
Another channel breakout:
After breaking out the bull flag on a 4-hr time frame, the priceline of PEPE formed another down channel. After breaking out this channel the target was to $0.00000188, and PEPE has reached the aforementioned target.
A harmonic bullish reversal setup:
After the break out from the aforementioned down channel PEPE coin has formed a harmonic bullish reversal Gartley pattern, and if you would like to trade this pattern then below is the link for a details trade setup:
Key resistance:
After breaking out the bull flag and aforementioned channel, the priceline of the famous meme coin is struggling to break a long term resistance of $0.00000190, and if PEPE breaksthis this key resistance then it will continue this massive rally.
Conclusion:
PEPE is continuously breaking down different resistance levels on different time frames, therefore, there is a very high probability that soon it may also break out the key resistance of$0.00000190 and after breaking out this resistance we may see more powerful pump.
NEARUSDT H1 : SHORT SETUP WITH LIQHi Guys Hope you well.
As you know we have liq and the top and I share short setup with You please check it by your own.
SecondChanceCrypto
⏰17/JULY/23
⛔️DYOR
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 comments.
Pepe Token formed another bullish Gartley for upto 23.50% pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Recently we caught more than 25% pump of PEPE as below:
Now on a 4-hr time frame, PEPE has formed another bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
PEPEUSDT : ROUND 2 : BUY SIGNALSup.
It's not exactly been the balls-to-the-wall explosive start I'd have liked for the bullrun, but at least it's heading in the right direction.
For those of you looking for another opportunity to get into PEPE, now's your chance.
There's another great opportunity I doub't many of you know about.
It is, to my knowledge, the cheapest crypto listed for perpetual leveraged trading on any large exchange, so check it out.
Current price is ~$0.000000000100
Ticker name: AIDOGE
dub.sh
Do the math..