PEOPLEUSDT trade ideas
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
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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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
Trend line analysis( #PEOPLE_USDT > 1D )
People leave the day trend line broken. And the daily supply is also broken. Now make that break and retest the supply and 1 day trend line. If the daily candle is able to close above this supply, the retest is completed and the chance of people getting up increases. Therefore, by monitoring this, you can take a good opportunity.
Target - 0.04592-0.07300- 0.11200
PEOPLEUSDT wants the breakout?The price is creating a pennant below the weekly resistance at 0.03. After rejections from these levels, the price created a range between 0.030 and 0.022$
How to approach it?
IF and only IF the price is going to have a breakout from daily and weekly resistance and flip it as new support, According to Plancton's strategy, we can set a nice order
PEOPLEUSDT | SETUPPEOPLEUSDT after making a double top pattern started its bearish trend. The price has approached to rising support . While same area is also a 0.382 fib level of recent bullish rally. So a confluence point where bulls can shows some positive momentum. Failure to do so will result continuation of bearish trend.
Trade tour levels accordingly