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PEOPLE / TetherUS

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PEOPLEUSDT trade ideas

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.
by MyCryptoParadise_Nathan
2
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.
Short
by Trevictus
7
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.
Short
by Trevictus
6
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.
by MarsSignals
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. --------------------------------------------------------------------- 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.
Long
by KriptoYildirim0
2
PEOPLE Holder targets!PEOPLE also has a change to grow... being marketed as a people's coin. What Is Constitution DAO (PEOPLE)? Constitution DAO was an experiment that has now been dissolved. In November 2021, a group web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group managed to raise well over $40 million in ETH, it ultimately fell short and was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel. Constitution DAO announced that it would disband after its unsuccessful grassroots attempt to buy one of the most valuable and iconic documents in U.S. history. All donations are being refunded.
by blackriver85
PEOPLE/USDT It required Break the resistance to continue move !!💎 PEOPLE has undeniably garnered significant interest in the market with its recent breakout from a key supply zone, often associated with a consolidation phase, signaling a potential continuation of its upward trajectory. 💎 Currently, PEOPLE is encountering resistance at the $0.01360 level, a threshold that has proven challenging to surpass as evidenced by multiple rejections. Each attempt to breach this resistance has been followed by a retreat to the demand zone for a retest, a process that aims to gather the necessary momentum for a successful breakout. 💎 Should PEOPLE manage to decisively overcome the $0.01360 resistance, it is likely that we will witness a substantial upward move, the probability of the price toward the anticipated supply zone target. 💎 On the flip side, a concerning scenario would unfold if PEOPLE revisited the demand zone without showing signs of a bullish reversal or bounce. Such a development could indicate an inability to sustain the demand level, potentially leading to a breakdown below this area. This bearish turn of events would significantly increase the likelihood of PEOPLE reverting to a more pronounced support zone.
by MyCryptoParadise
Hey People Are You Ready To Trade PEOPLE?**Fundamental Analysis** Peoplecoin is a decentralized cryptocurrency that was created in 2022. It is based on the Bitcoin Core codebase and uses the same proof-of-work consensus mechanism. Peoplecoin has a limited total supply of 21 million coins. **Recent News** * On October 25, 2023, Peoplecoin announced the launch of its new mainnet, which includes a number of improvements, such as faster block times and increased scalability. * On October 26, 2023, Peoplecoin announced a partnership with the Bitcoin Foundation to promote the adoption of Bitcoin and other cryptocurrencies. **Disclaimer** Investing in cryptocurrencies is a risky activity. Prices can be volatile and investors could lose their entire investment. It is important to do your own research before investing in any cryptocurrency. **Short Version** Peoplecoin is a new cryptocurrency with a limited total supply. It recently launched a new mainnet with a number of improvements. Investing in cryptocurrencies is risky.
Long
by MoonTradingForecast