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PEOPLE / TetherUS PERPETUAL CONTRACT

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PEOPLEUSDT.P trade ideas

PEOPLE CONSTITUTIONDAO BLUEPRINT Three scenarios here. It is either we are done with wave 2-yellow and this is the last low we will be seeing in a long time since we will be going to $0.40 All Time High or this last swing low wave W-orange is just the beginning of a double combo WXY meaning we will get 20% pump to wave X-orange and then create a lower low for wave Y-orange which will become a Zigzag for a perfect wave 2-yellow sitting at the 78-80% Fibonacci level . And lastly, the overall wave 2-yellow could just be a FLAT which will make price reject again at the 2 previous highs creating a temporary resistance by creating a liquidity clog and also create a potential Range like the previous price action. The common ground for all this possible outcome is that BINANCE:PEOPLEUSDT is bullish short to mid term. Tip: You can Ape in at current price, take half profit at the common ground area ($0.39 - 0.63) and leave the rest to run wild while you either set stop loss to it or DCA lower. PREVIOUS ANALYSIS OTHER ANALYSIS
by DewyCandles
Alikze »» PEOPLE |Corrective structure in ascending channel🔍 Technical analysis: Corrective structure in ascending channel - It is moving in an ascending channel in the daily time frame. - At present, the supply area is faced with sales pressure. - According to the downward momentum, it can have a pullback with a broken structure. 💎Possible scenario: Therefore, any attempt to the supply zone, if it does not break it upwards, can continue the downward path and touch the 0.04880 range first. 💎 Alternative scenario: In addition, if the region breaks the supply, it can grow to the next region. 🛑 Resistance range: 0.10986 - 0.12207 🟩 Support range: 0.03662 - 0.04272 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
PEOPLE (CONSTITUTIONDAO) - WHAT WILL YOU DO IF $1 As price becomes clearer so we present. The move up from the last swing low (wave 2-yellow) looks impulsive rather than being corrective hence why draw the path line and predict price to go higher $0.078 and price must not return to the invalidation level before that high ($0.078) is created. One good thing about this primary scenario is that it is extremely bullish like $1 bullish yeah. The second scenario as shown on the chart is bearish short to mid term and that just tells us that the wave 2-yellow is not done yet and this move up is corrective rather than being impulsive making it the wave X-white and price will be returning to the 60-78% Fibonacci zone. PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:ACAUSDT
by DewyCandles
13
by Mash "3 SIMPLE STEPS" to be very profitable "3 SIMPLE STEPS" I would like and share how i hit my targets! As you see here, there is a bear div on the Momentum wave+RSI +VWAP Down+Stoch RSI below the Over Bought Line, I look for a red dot on Yalahari B . When i see a bear div I look at the New range detector, from that point I pull out a FRVP and go from the New range detector low to new range detector high. Once that FRVP is placed, Depending where the candles are, if the candles are above the VAH I then go ahead and pull out a Fibonacci and go from the High to the low with a range(in this chart) . That gives me my golden pocket area. NOW, i noticed something special using vector zone or vector candle+vector Zones. There is always a Vector Zone sitting inside a Golden pocket fib. So once you see the vector zone within the golden pocket you take your trade and aim for the lower part of the vector zone. dont worry about the fib no more. Seems the vector Zone always Fills and clears. You can do this on a bullish move as well and target the upper part of the vector zone once you plot your FRVP and your FIB. "3 SIMPLE STEPS" I hope this explains how i see the market with ease! If any question please ask.
Short
by danny25m
PEOPLEUSDT.1DExamining the daily chart of PEOPLE/USDT, I can provide a detailed analysis that sheds light on its current market dynamics and potential trajectory. Price Action: Currently, PEOPLE/USDT is trading at around $0.11306, indicating a slight decrease of 0.81% from the previous day. The price has been consolidating within a range defined by $0.09721 (S1) and $0.14487 (R1). This sideways movement suggests indecision in the market, where neither bulls nor bears have definitive control. Support and Resistance Levels: Support Levels (S1 and S2): The nearest support level at S1 ($0.09721) has been tested multiple times, suggesting it as a significant zone where buyers have previously shown interest. A further support level at S2 ($0.06583) represents a more substantial downside risk but hasn't been tested recently. Resistance Levels (R1 and R2): The resistance at R1 ($0.14487) is the immediate hurdle. Overcoming this could pave the way towards testing R2 ($0.16556), which is closer to the recent highs. Technical Indicators: Moving Average Convergence Divergence (MACD): The MACD line is currently below the signal line and close to crossing above it, suggesting a potential increase in upward momentum if a bullish crossover occurs. However, the MACD histogram shows minimal activity, indicating low momentum currently. Relative Strength Index (RSI): The RSI is at approximately 67, which is near the overbought territory but not quite there yet. This suggests some bullish momentum, although it is nearing levels where the asset could be considered overvalued in the short term. Conclusion: The technical analysis of PEOPLE/USDT indicates a cautiously optimistic outlook. With the price nearing the upper end of its recent range and potential bullish signals from the MACD, there might be an opportunity for upward movement if the market can sustain momentum and break through the R1 resistance level. However, the proximity of the RSI to overbought levels warrants caution, as it may limit the potential for significant further gains without a pullback or consolidation. Investors should consider setting stop-loss orders just below S1 to protect against potential declines while targeting R1 and possibly R2 if upward momentum continues. Additionally, monitoring volume and further MACD developments will be crucial to confirming any bullish trend.
Long
by MarsSignals
1