PEOPLEUSDT trade ideas
PEOPLEUSDT | WAIT FOR BREAKOUTPEOPLE has been trading in a bullish trend fully supported by rising trend line.
The price is currently trading near the horizontal resistance.
The same zone is also a breakout level.
Th bulls will only get complete control once break above the resistance.
Manage your levels accordingly.
PEOPLE/USDT might be good for longHey guys 👋
Another one on our watchlist is going to be PEOPLE/USDT pair. We haven't taken look at that for some time now so here we are. Well first thing we notice here is triangle formation (descending wedge). Price seems currently trying to break that resistance near EMA200 zone which will lead the price to go near upper side of that formation. Breaking it would be considered as a good entry zone for a buy position.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
PEOPLEUSDT.P bullish breakoutBYBIT:PEOPLEUSDT.P
PEOPLEUSDT.P bullish breakout possible in Daily timeframe.
Price moving in triangle pattern, RSI is below 40 so it'll take another support before breaking resistance.
NOTE: Analysis is only for Educational purpose.
Do your own research. This is not a financial advice. #DYOR #NFA
PEOPLEUSDTSuccessfully breakout from the Ascending Triangle! Right now it is testing the support area and it may touch the mentioned target soon!
I hope you will like this idea. Please don't forget to like and follow for more upcoming ideas :)
PLESAE NOTE: Kindly manage your risk! This analysis is based on the chart trend, pattern, EMA & RSI . This is only for the education purpose.
PEOPLEUSDT | RESPECTING SUPPORTPEOPLEUSDT has been trading in a bullish trend.
The price has been holding an important rising support.
Now the price has approached to the rising trendline.
The 100 and 200 SMA also confluence with the rising support.
The bulls need to hold this support and so can show a strength at this level.
Manage your levels accordingly.
PEOPLEUSDT wants the breakout from the Inverse head & shoulders
The price is testing the resistance after creating an inverse head and shoulders.
How to approach it?
IF the price is going to have a breakout and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
PEOPLE#PEOPLE
"BY PEOPLE, TO PEOPLE"
As ive checked the #people chart, im for LONG
with confirmation pull back and waiting and hoping to break my
blue line appearing 0.02634
and if happened, my target profit is my next poi 1h tf 0.038
unless if not breakout, waiting again for a pullback from 0.0219.
Goodluck
PEOPLEUSDT (ConstitutionDAO) Daily tf Range Updated till 5-11-22PEOPLEUSDT (ConstitutionDAO) Daily timeframe range. a decent chart with lots of price discovery option. if you zoomout the chart you can see there are not much of data to it. funny part is there not much of retail interest and volume into it too. so it may take time to cover those gaps. its a high risk and reward alt cause for volume its too easy to make it move.