PEOPLE Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
PEOPLE has maintained the primary support level from $0.04237 to $0.05458. It is facing slight resistance at the 100 EMA at $0.06715. If the price is rejected from the CMP, it is likely to hit the lower support level at $0.033 (a 44% drop).
On the positive side, a bullish trend can be expected if #PEOPLE breaks above the 100 EMA resistance.
- Sweet spot to enter: $0.033 to $0.04237.
- Long-term Target: $0.093, $0.133, $0.164, $0.2.
- Invalidation Point: A breakdown and close below $0.033.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
PEOPLEUSDT trade ideas
PEOPLE CONSTITUTIONDAO BLUEPRINT
Three scenarios here. It is either we are done with wave 2-yellow and this is the last low we will be seeing in a long time since we will be going to $0.40 All Time High or this last swing low wave W-orange is just the beginning of a double combo WXY meaning we will get 20% pump to wave X-orange and then create a lower low for wave Y-orange which will become a Zigzag for a perfect wave 2-yellow sitting at the 78-80% Fibonacci level .
And lastly, the overall wave 2-yellow could just be a FLAT which will make price reject again at the 2 previous highs creating a temporary resistance by creating a liquidity clog and also create a potential Range like the previous price action. The common ground for all this possible outcome is that BINANCE:PEOPLEUSDT is bullish short to mid term.
Tip: You can Ape in at current price, take half profit at the common ground area ($0.39 - 0.63) and leave the rest to run wild while you either set stop loss to it or DCA lower.
PREVIOUS ANALYSIS
OTHER ANALYSIS
PEOPLE (CONSTITUTIONDAO) - WHAT WILL YOU DO IF $1
As price becomes clearer so we present. The move up from the last swing low (wave 2-yellow) looks impulsive rather than being corrective hence why draw the path line and predict price to go higher $0.078 and price must not return to the invalidation level before that high ($0.078) is created. One good thing about this primary scenario is that it is extremely bullish like $1 bullish yeah.
The second scenario as shown on the chart is bearish short to mid term and that just tells us that the wave 2-yellow is not done yet and this move up is corrective rather than being impulsive making it the wave X-white and price will be returning to the 60-78% Fibonacci zone.
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:ACAUSDT
by Mash "3 SIMPLE STEPS" to be very profitable "3 SIMPLE STEPS" I would like and share how i hit my targets! As you see here, there is a bear div on the Momentum wave+RSI +VWAP Down+Stoch RSI below the Over Bought Line, I look for a red dot on Yalahari B . When i see a bear div I look at the New range detector, from that point I pull out a FRVP and go from the New range detector low to new range detector high. Once that FRVP is placed, Depending where the candles are, if the candles are above the VAH I then go ahead and pull out a Fibonacci and go from the High to the low with a range(in this chart) . That gives me my golden pocket area. NOW, i noticed something special using vector zone or vector candle+vector Zones. There is always a Vector Zone sitting inside a Golden pocket fib. So once you see the vector zone within the golden pocket you take your trade and aim for the lower part of the vector zone. dont worry about the fib no more. Seems the vector Zone always Fills and clears. You can do this on a bullish move as well and target the upper part of the vector zone once you plot your FRVP and your FIB. "3 SIMPLE STEPS" I hope this explains how i see the market with ease! If any question please ask.
PEOPLE USDT 2680% Profit in 10x Leverage TradeAfter gaining 27% profit in a SHORT trade, PEOPLE USDT 10x leverage pair is currently in an open P&L position of 2680% and not looking like it is over yet.
I am going to hold it till I get a reversal confirmation from the Risological Indicator. What a massive trade.