PEOPLEUSDT trade ideas
PEOPLEUSDT: Breakout and retest confirmed!!Join our community and start your crypto journey today for:
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Hello everyone,
PEOPLEUSDT has successfully broken out of a triangle pattern, indicating a potential uptrend. The current retest of the breakout level is a positive sign.
The price is finding support near the 400-day moving average, further strengthening the bullish outlook. Overall, the technical indicators suggest a potential for a significant upward move in PEOPLEUSDT.
Technical indicator:
Fisher Transform: Bullish crossover in oversold region.
Going long on spot on PEOPLEUSDT with the following trade setup!!
Entry: CMP to $0.04869 (DCA)
SL: $0.04232
Targets:
$0.07558
$0.08876
$0.10254
$0.13571
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Happy Trading!!
Trade Signal for PEOPLEUSDT Pair: SELLFellow Traders,
We have a SELL signal for the currency pair PEOPLEUSDT. Here are the details:
Enter Price: 0.07126
Take Profit: 0.06664667
Stop Loss: 0.07588667
This forecast is derived using the EASY Quantum Ai strategy. The following factors have been considered to project this movement:
- Technical Analysis: The recent price action indicates a potential bearish trend. Key resistance levels have been identified around the Enter Price of 0.07126, suggesting a higher probability of a downward movement.
- Momentum Indicators: Indicators such as RSI and MACD are signaling overbought conditions, implying a potential reversal to the downside. This strengthens the SELL outlook.
- Volume Patterns: A decline in buying volume coupled with increased selling pressure suggests that bears are gaining control, making the case for a short position stronger.
- Market Sentiment: Sentiment analysis shows that market participants are turning cautious, further supporting a bearish scenario.
We advise entering the trade as soon as the Enter Price of 0.07126 is reached. Set your Take Profit at 0.06664667 to secure gains and your Stop Loss at 0.07588667 to mitigate any potential losses.
Trade wisely and happy trading!
Best regards,
Trading Strategy Analyst
EASY Quantum Ai Strategy
ConstitutionDAO PEOPLE price at critical pointEverything is so “great” in the cryptocurrency market now that the OKX:PEOPLEUSDT pair ranks 15th in terms of trading volume among all cryptos)
🔼 But in the current situation, it is worth keeping an eye on the #PEOPLE price, if it manages to gain a foothold above $0.07, then a powerful blue wave of growth may be waiting for it.
🔽 On the other hand, the current pattern is very similar to the situation in 2022, and accordingly, the possibility of a strong red drop remains.
Therefore, it is better to watch but not buy yet. And make trading decisions after one of the possible scenarios is confirmed.
_____________________
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USDT/PEOPLE Long-Term Signal AnalysisHello everyone,
As you've likely noticed, the crypto market is currently experiencing a significant downturn. Coins like PEOPLE, which saw substantial gains during the bull runs, are now undergoing a necessary correction.
When analyzing the daily chart, it's clear that PEOPLE has pulled back to a key pivot area, highlighted in the blue zone, and is continuing its downward trajectory. The next major support zone lies around $0.045. However, the optimal range for placing your buy orders would be in the next green zone, between $0.02 and $0.025.
I recommend exercising patience and waiting for the price to reach this lower support zone before making any purchases. The market is likely to experience further declines, so it’s wise not to rush into buying at this stage.
also we have opened a short setup in daiy and our stop is above blue zone
#People/USDT
#People
We have a downtrend pattern on a 2-day frame, the price is moving within it and adhering to its boundaries well
We have a support area in green at a price of 0.04200 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards and is expected to break it
Entry price 0.05630
First target 0.09388
Second target 0.1205
Third target 0.1454
PEOPLE ANALYSIS (ready for breakout)🔮 #PEOPLE Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
Ready for a breakout in #PEOPLE but right now we can see that #PEOPLE is trading below its crucial resistance zone and if #PEOPLE breaks the resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.05580
📈Target Price -- $0.10800
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEOPLE #Cryptocurrency #Breakout #DYOR
PEOPLE LONG IDEAHi guys here is the idea:
Market Structure: Bullish
Overall there a potential upside trade assuming we are in bullish range price will want to sweep liquidation in the upside, i'll wait the price to come down first the going long for this beautiful trade, remember to use tight margin
Brace Yourself for a Critical Move in #PEOPLEUSDT! Yello,Paradisers! Are you ready for a potential game-changer with #PEOPLEUSDT? The market is approaching a key demand zone setting the stage for a possible bullish breakout.
💎Currently, #PEOPLE is adhering to a descending resistance pattern. However, it's now on the verge of breaking out, especially if it taps into the critical demand level of $0.06601.
💎Should the price maintain strong momentum here, we could see #PEOPLE breaking through the descending resistance and targeting the major supply area at $0.09966. A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
💎On the other hand, if #PEOPLEUSDT loses momentum and faces rejection at the supply area, we may see a bullish rebound from the lower strong support at $0.04499. However, falling below this level could signal a prolonged bearish trend.
In such a scenario it's crucial to remain vigilant and employ strategic trading tactics to navigate the market successfully. Stay sharp, Paradisers!
MyCryptoParadise
iFeel the success🌴
PEOPLEUSDT.1DIn the analysis of the PEOPLE/USDT daily chart, we're observing several crucial technical elements that shed light on potential future movements. The current price stands at $0.0860, which indicates a minor decline in the session.
Trend Analysis:
A descending trendline has been clearly illustrated, mapping out the resistance experienced from past peaks. This trendline suggests a primary bearish bias in the market. The current price action is beneath this trendline, signaling continued bearish control unless a breakout occurs.
Support and Resistance Levels:
R1 at $0.10218 and R2 at $0.12280 mark the primary and secondary resistance levels. A bullish momentum that pushes the price above R1 could suggest a shift in market sentiment, potentially testing R2.
S2 at $0.03872 represents a significant long-term support. If this level holds, it could serve as a strong base for price stabilization and potentially an upward reversal.
Relative Strength Index (RSI):
The RSI stands at 40.42, slightly below the neutral 50 mark, indicating a bearish momentum but not yet entering the oversold territory. This positioning suggests cautious bearish pressure without extreme sentiment.
Moving Average Convergence Divergence (MACD):
The MACD shows a minimal histogram above the signal line but is very close to crossing below it, which could suggest a strengthening of bearish momentum if confirmed in upcoming sessions.
Volume Analysis:
While volume isn't highlighted on this chart, understanding volume trends in conjunction with these price movements would be beneficial. Typically, decreasing volume during a downtrend might suggest waning selling pressure, possibly leading to a consolidation phase or a reversal if followed by increased buying volume.
Strategic Trading Advice:
Traders should monitor for any potential breakout above the descending trendline. A confirmed breakout, ideally with increased volume, could invalidate the current bearish scenario and lead to testing higher resistance levels. On the downside, watch the S2 support; a break below this could lead to further declines, therefore, maintaining strict stop-loss orders below S2 would be prudent to mitigate risks.
In conclusion, the PEOPLE/USDT pair shows a predominantly bearish outlook with potential for reversal should it breach key resistance levels with supporting volume. Traders should remain vigilant and adapt to the changing market dynamics by using these technical indicators as guides for their trading decisions.
PEOPLE/USDT: POTENTIAL DESCENDING BROADENING WEDGE!!Hey everyone!
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PEOPLE look good here. Breaks out from the descending broadening wedge-like structure and currently retesting it. Long some here and add more in the dip.
Entry range:- $0.075-$0.08
Targets:- $0.0865/$0.098/$0.11/$0.126
SL:- $0.07
Lev:- Use low leverage (2x-4x)
#people backlash target where?📊#people backlash target where❓
🧠From a structural point of view, we have entered an in-depth correction after completing the weekly level target. It is currently in the rebound stage after the correction. The target area that needs attention is 0.08295-0.09451 and near the resistance area.
➡️If there can be a good correction in the future and return to the buying zone again, it will be very worthy of our attention.
Let’s see 👀
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BINANCE:PEOPLEUSDT.P
PEOPLE/USDT: Neutral Market Analysis and Educational InsightsMarket Overview
PEOPLE/USDT is exhibiting notable price action that provides an excellent opportunity for educational analysis. This post aims to share insights into the current market behavior of PEOPLE/USDT without suggesting any specific trading actions.
Thank you .