PEPE short - swing trade PEPE did not give the deviation we expected but directly nuked to the downside after the retest. If you've taken an aggressive entry congratulation and take some profits.
Currently retesting the highs of the range we previously broke out of.
Expecting a possible run up to the upside and deviation before a continuation to the downside.
DO NOT CHASE THE TRADE WAIT FOR IT TO COME TO YOU.
Bearish plan remains the same until proven wrong.
Entry after deviation of current highs (aggressive) or deviation of 0.0015500$ (conservative)
TP 0.0014800$
TP 0.0014130$
TP 0.001400$
TP 0.0013500$
SL 0.0015985$
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
1000PEPEUSDT.P trade ideas
PEPE short - swing trade PEPE is currently retesting the lows of the range.
We've have two deviations of the lows for now (blue boxes). Took two trades in the second deviation 1 win 1 BE.
PA currently playing around 0.0015030$. Except a run up to 0.0015500$ and a deviation.
Any clean reclaim of the lows and the idea is invalid.
Entry after deviation of lows 0.0015500$
TP 0.0014800$
TP 0.0014120$
TP 0.001400$
TP 0.0013500$
SL 0.0015985
Currently tape reading and waiting for more PA before taking any trade idea.
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price based analysis and does not constitute financial advice in any form.
1000PEPEUSDT.P ChoCh + FVG (Long) 5/23/2023Here is a potential long trade, a change of character appeared so now we're gonna wait for its retest in our order block before entering the trade for confirmation. Our maximum take profit is 0.0016867 filling 45% of the imbalance/FVG , we can also take partial take profits along the way (green lines).
1000PEPE opportunity for longH4 timeframe played out favoring longs > H1 timeframe following through with H4 bias after correction from H4 Impulse > rest of timeframes showing more opporunities for longs
confluence with fib; PA so far playing out from golden zone in fib levels if plotted corerctly target would be above with same color with fib levels (green)
Price action right now still correcting from recent impulse, if market continues to favor long opportunities might look out for some setups in H1 & 15M timeframes.
**if market favors longs, price could make an impulse again soon by how price is correcting after recent impulse + market shift from last bearish scenarior after H4 Impulse
Evaluating the Potential of $Pepe: A Promising Buy Opportunityntroduction:
In this article, we'll delve into the current market conditions of FWB:PEPE and explore why it appears oversold in higher time frames. Furthermore, we'll discuss the potential for a bullish reversal as we identify a comfortable support level. With these factors in mind, I've decided to take a closer look at FWB:PEPE as a promising spot buy opportunity.
Analyzing Market Conditions:
Upon careful examination of FWB:PEPE 's price action, it becomes apparent that it has experienced a significant downward trend. However, this extended decline suggests that the asset may now be undervalued and due for a potential price correction. By observing higher time frames, we can gain valuable insights into the overall market sentiment.
Identifying Comfortable Support:
Based on my analysis, it appears that FWB:PEPE has found a level of comfortable support. This support is crucial as it indicates a potential price floor, where buyers have stepped in to prevent further decline. This level can serve as a strong foundation for a bullish reversal and provides an attractive entry point for investors.
Taking Advantage of the Opportunity:
Considering the oversold conditions in higher time frames and the establishment of a comfortable support level, I have made the decision to initiate a spot buy position on $Pepe. It's important to note that this decision is based on my personal analysis and risk appetite. It's always prudent to conduct your own research and consider your individual investment goals.
Risk Management:
While I believe in the potential of FWB:PEPE as a profitable investment, it's essential to implement risk management strategies. This includes setting stop-loss orders to limit potential losses if the market does not behave as anticipated. By carefully managing risk, we can protect our capital and mitigate any adverse outcomes.
Conclusion:
In conclusion, the current oversold conditions of FWB:PEPE in higher time frames, combined with the establishment of a comfortable support level, indicate a promising buy opportunity. However, it's important to approach this investment with caution and conduct thorough research. The cryptocurrency market is volatile and unpredictable, so always remain informed and adjust your strategies accordingly. By taking calculated risks and implementing proper risk management techniques, we can navigate the market and potentially capitalize on opportunities like $Pepe.
pepe long setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
AMD down - example editionJust to follow up my long term ideas on AMD / NFLX
Here is a prime example on a lower timeframe to show what happens in these situations on PEPE the "memecoin" now of course you could argue its fundamentals are terrible and thats the reason it crashed, but a chart looks the same no matter the fundamentals, the odds usually play out, nothing guaranteed but I will play the odds every single time.
I think it is quite possible to have a rejection around the 110 area on AMD.
This area had failed to be held and will go back to retest.
WHOOPS - I FORGOT TO ADD THE LINE AT THE MONTHLY CANDLE, but im sure you can see why I am looking for 110 roughly before downside. Could very well just drop from here though.
Pepe After I Entered 100 Times why enter in first trade ? whats happened in trade ?
1-divergence on 15min ( HIST AND MOM) down 75% from all time high
2- i entered 20X that why i was very afraid i was thinking after the pump we are going to the moon and thats make the big loss easy and thats wrong
BUT happer is iwas afraid because of 20x so that i closed after 50% up in my 50 dollar trade
why enter in first trade ? whats happened in trade ?
1- divergence in 15min with (RSI/STOCH/CCI/MFI/CMF)
2- we have take the liquidity on the wick which was high conviction to me
3- Double Bottom
BUT I DIDNT WIN CAUSE OF OVERTRADING I WAS LOOKING IN 1 MIN TIME FRAME AND CANDLES WAS KILLING ME