PEOPLEUSDT trade ideas
Mock Up Price Action for PEOPLE | Mid-Near Term (4HMock Up Price Action for BINANCE:PEOPLEUSDT | Mid-Near Term (4HR)
- Watching and waiting for THE opportunity to enter short, targets under consideration marked
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, with the second peak for 1000PEPE2 at roughly 40% higher than the first OR even more drastic something like with BINANCE:TRBUSDT
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Mock Up Price Action for PEOPLE | Near Term (30MIN)Mock Up Price Action for BINANCE:PEOPLEUSDT | Near Term (30MIN)
- Watching and waiting for THE opportunity to enter short, targets under consideration marked
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, with the second peak for 1000PEPE2 at roughly 40% higher than the first.
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
CRYPTO : PEOPLEUSDTHM signal v2.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.03576-0.03855
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
PEOPLE next jump!!! PEOPLE changed its bearish momentum to bullish momentum. It needs more fuel to go towards the supply zone. A possible new HL could be marked demand zone which is perfectly aligned with 0.6 to 0.5 fib level.
Entry: 0.03785
Tp: 0.05271
Sl: 0.03003 if the 2-hour candle closes below this.
PEOPLE/USDT Success Breakout the key level or Back to rejected ?💎 PEOPLE has undeniably garnered significant attention in the market. Currently, PEOPLE is facing challenges breaking the resistance area, evident from historical rejections in this zone. There's a possibility that PEOPLE will make another attempt to break out of the resistance area, a crucial step for sustaining the upward movement. A successful breakout could propel PEOPLE toward the next major supply area.
💎 However, if PEOPLE encounters resistance and fails to break out, it may face rejection and return to the retesting phase at the demand area.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, PEOPLE fails to maintain its position and undergoes a breakdown. In such a case, PEOPLE may revert to the next lower demand area, requiring a bounce to reclaim the demand before considering further upward or downward movement toward a strong support area.
Short Below Last Lower The market currently exhibits a concerning scenario characterized by a bearish divergence, followed by the emergence of a head and shoulders pattern. The recent breakout below the neckline of this pattern has heightened apprehensions among traders, as it signals a potential shift in trend dynamics. What adds to the unease for buyers is the formation of a new lower low, indicating a sustained downward trajectory.
Mock Up Price Action for PEOPLE | Near Term (30MIN)Mock Up Price Action for BINANCE:PEOPLEUSDT | Near Term (30MIN)
- Watching and waiting for THE opportunity to enter short
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, just on a much quicker timeframe!
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Entered into a short early without doing my typical level of research. Upon closer inspection, I closed at a 15 percent loss, as the alternative if I'm right about this, would be losing all of the funds within this isolated margin futures position. Adjusted my entry point.
Mock Up Price Action for PEOPLE | Now (15MIN)Mock Up Price Action for BINANCE:PEOPLEUSDT | Now (15MIN)
- Watching and waiting for THE opportunity to enter short, targets under consideration marked
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, just on a much quicker timeframe! Second peak for 1000PEPE2 was roughly 40% higher than the first
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
And so it begins, round two.
PEOPLEUSDT.2HBased on the provided market data, the currency PEOPLE is currently experiencing a bullish trend. This is indicated by a relatively high Relative Strength Index (RSI) across the 4-hour, 1-day, and 7-day periods, suggesting that the currency is currently overbought.
The Moving Average Convergence Divergence (MACD) values for the same periods are positive, which generally signals bullish momentum. The currency is currently trading below the upper Bollinger Band (BB) across all periods, which could indicate some room for price growth.
However, the currency is trading closer to its resistance levels than its support levels, which suggests that there might be some selling pressure. The resistance levels are higher than the current price, indicating the price points that the currency might struggle to rise above.
In the short term, the currency has support at $0.032, $0.028, and $0.022 for the 4-hour period. If the price falls below these levels, it may find further support at $0.025, $0.018, and $0.012 for the 1-day period, and $0.014, $0.010, and $0.00090 for the 7-day period.
On the upside, the currency faces resistance at $0.048, $0.055, and $0.061 for the 4-hour period. If it breaks these levels, it may face further resistance at $0.048, $0.058, and $0.061 for the 1-day period, and $0.050, $0.073, and $0.089 for the 7-day period.
In conclusion, while the currency is currently in a bullish phase, investors should exercise caution due to the high RSI values and the proximity to the resistance levels. As always, it's important to consider other factors and perform thorough research before making any investment decisions.
New TRB -> PEOPLE ? *//* PEOPLE yeni TRB olabilir mi?English :
Can #PEOPLE New #TRB?
I opened long position on #PEOPLE.
According to onchain data %80 of the tokens are on cex, especially around half of the coins are on Binance so maybe they want to pump it?
It is highly risky position so dont put all your money.
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Türkçe:
#PEOPLE yeni #TRB olabilir mi?
#PEOPLE coine long yönlü işlem açtım.
Onchain analizlerine göre arzın %80'i borsalarda ve baş sırayı yaklaşık coin arzının yarısını barındıran Binance çekiyor, bu yüzden borsalar bu coini pumplar mı?
Bu işlem son derece riskli o yüzden tüm paranızla işlem almayın.
PEOPLEUSDT(ConstitutionDAO) Daily tf Range Updated till 06-01-24PEOPLEUSDT(ConstitutionDAO) Daily timeframe range. after its massive pump and huge wicked out trapped a lot of peoples on that. its trying to stay above 0.03226 if it can it will have chances for retrace back. but that will require good amount of volume.