PEOPLEUSDT | FALLING RESISTANCE BROKENPEOPLEUSDT has been trading under the falling resistance. The price has recently broken above the resistance and currently trading at horizontal resistance. The bullish candles on breakout zone will confirm the bullish trend ahead.
Th bulls need to hold price above breakout zone.
Manage your trades accordingly
PEOPLEUSDT trade ideas
PEOPLEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for PEOPLEUSDT
Here we have R1 as a support area and S1 is our long-term support line which contains the support of price since the past. Thus, we have the price fluctuating over S1 area and our prediction would be a fall for it to reach the mentioned line, according to its past behavior. There we must wait for some rising signs and via them, we will expect an increase predicted for the price up to R1. By the rise of price above R1, and by its fixation over there, more rise is waiting for it. Also, it is not so probable for the price to move below S1 and have more decline at the present.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
PEOPLEUSDT is creating the descending channelThe price is testing the 4h resistance at 0.0226 area where the market is creating a descending channel.
The price got liquidity from the lower trendline.
How to approach it?
IF AND ONLY IF the price is going to have a breakout from the channel and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
PEOPLEUSDT broadening pattern in ActionThe price is testing the daily resistance inside a broadening pattern.
At the moment the price is testing the 0.5 Fibonacci level on the Daily timeframe.
How to approach it?
IF the price is going to have a clear 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 : THE BREAKOUT TARGETS : 269% This is a small view with Targets update for people
This update depending on technical analyze and other ways of finding breakout targets.
People can have 269% increase trend coming time on more reasons.
First important target is 0,042 trend.
And if we have a golden breakout the price action can go to 0,08 the old historical level. what means around 269% increase.
The volume structure of this coin make it able to have a breakout depending on last broken trends.
Its not first time that People did shows an top increase, and its possible that we can see this again.
Don't be Fomo trade only depending your plan and study as crypto can be very risky in any way.
ITS TIME FOR PEOPLE COIN!Trend is your friend.
lets follow what the trend shows, and in this area means a people increase trend.
This chart made out of personally expecting but 100% on technically details.
Wait!
Never just follow just a chart as this with a title as this.
do always your own study and confirm more times.
Good Trading times.
The above technically chart it seems people coin are going to show some increase effect coming time.
The above targets are possible range targets.
PEOPLEUSDT | RESISTANCE AHEADPEOPLEUSDT has been trading in bullish parallel channel .
The price is printing higher highs and higher lows.
The price is currently trading at upper boundary of channel.
There is a confluence point having horizontal resistance too.
It is trading at an important zone. If the price break above and sustain above it, we will enter long. Failure to do so will call bears in the party.
PEOPLEUSDT wants the breakout?The price lost important daily support at 0.024$ area and now the price is testing the dynamic support above the static one at 0.018$ area.
How to approach it?
IF the price is going to have a clear breakout from the resistance, 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.
–––––
Follow the Shrimp 🦐
PEOPLEUSD PEOPLEUSD 6h... BBWP expansion started South. Its at the volume profile center line, and going down to VPVR lowest point in confluence with Fibb GP - golden pocket. I will expect bounce from that area. My long didnt play, took 10% earlier and SL in few % profit... not much but was safe. Not shorting here, while it can bounce and eat shorts, better to follow the channel of sideways