PEOPLEUSDT trade ideas
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📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
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
People. You need to see this trendline!👀👀👀Reasons to take long IF BTC will squeeze back to daily VWAP:
⭐️ Trendline 2 months old
⭐️ Formation is clean
⭐️ We are in the end of formation
⭐️ 6th touch
⭐️ Price is squeezing to the trendline
⭐️ 30 ATR
⭐️ Over VWAP
If BTC will squeeze down to weekly VWAP, I'll take trendline breakdown.
Will enter when price squeezes to the level 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📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
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
PEOPLE LONG TRADE 20220616Signal: Green - Waiting on the upper ribbon
Context: Blue -> Green
PEOPLE , PEOPLEUSD , PEOPLEUSDT ,PEOPLEUSDTP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
PEOPLEUSDT URGENT Update - We're in a critical area!!BYBIT:PEOPLEUSDT
BINANCE:PEOPLEUSDT
KUCOIN:PEOPLEUSDT
People Crypto Coin URGENT UPDATE
PEOPLEUSDT is at a critical Fib Golden Pocket area. Price could bounce here or break down. I give you my analysis and how I'm trading this.
A pennant has developed - the video explains scenarios for trading it and I look at a few areas of confluence.
I look at a TPO chart and explain the reasoning for how I'm trading this today.
The 30m Imbalance chart is possibly telling us what is ahead.
Tight stops if you are entering at this region. Place stops in profit as soon as you can. The lower the risk, the better
Not Financial Advice. DYOR. Papertrade before trading with real money.
PEOPLEUSDT ! Pressing to the support to break downPEOPLEUSDT An interesting coin, which apparently was tried to be "pumped" at the exit of prices from the consolidation of 0.0195 and 0.0113. After the pumping is over, a pullback is formed and at the stop at the level of 0.0308 there was an attempt to resume growth, which was not successful. The price falls and forms support 0.025
I assume a breakdown of support 0.0250.
The price is pressed to the support in the hope of its breakdown. Potential in the short term to support 0.0195, and in the medium term to 0.0113
Sincerely, R. Linda!
PEOPLEUSDT possible bounce in the golden pocket BYBIT:PEOPLEUSDT
Following up from my previous technical analysis on PEOPLEUSDT ,
We possibly have a bounce happening in the Fib Golden pocket and we have bullish divergence on awesome oscillator and Cipher B
PEOPLE has been volatile over the last few days, so think about your entries and TP's.
Possible TP areas - Top of the channel forming, daily levels above on my chart or the POC. Feel free to chart the same levels on your chart.
See the video for details.
if this idea helped you, please give a thumbs up and feel free to follow for more ideas and trade setups
Not Financial advise. DYOR. Papertrade before using real money