PEOPLEUSDT trade ideas
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
PEOPLE/USDT strong trend hereHey Colleagues,
Today we came across PEOPLE/USDT today. We see a great opportunity for this coin to show some bullish candles soon. It has formed a nice setup where is it ready for a breakout. Trend is strong on this coin and all we need is additional confirmation which would be the breakout of that triangle formation. Target is open in green box and if we drop to $0.022 zone we would buy some there as well.
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PEOPLE/USDT : Breaking below the trendlineBINANCE:PEOPLEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$PEOPLE has tried to break below the trendline, But it seems to be failed to break below...
In terms of that, I want to split my entries, Cause there's still a possible weakness in the movement.
So, We have two options here.
- Enter Short based on invalidation, The trigger should be a break below $0.02400 and enter on the pointed arrow as a retest.
- Enter Short based on partial entries with active stop-loss at $0.02560 with a 4H close above.
So it's your choice, You know your risks better...
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
PEOPLEUSDT is creating a descending channelThe price is inside a descending channel above the 4h resistance on 0.02230$.
and dynamic support.
The price got a rejection from the dynamic resistance and static resistance on 0.024$
How to approach it?
IF the price is going to have a breakout from the support and retest it as new 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 🦐
People - Update of idea that gave 1:10
Last time we longed People and earned good profit. Now price is squeezing to support and I will short it.
Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 15 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 6th touch
⭐️ 30 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones