Everyone selling PEPEPepe break it's support line in daily chart and also try to take it back but it could not. Right now it's in golden area of it self
What's you idea?
PEPEUSDT.P trade ideas
PEPE is for upBroke trendline and retested successfully to its 4H order block, now it's target should be Fibonacci Golden Zone and then previous high
Long PEPEIn my analysis of BTC, its price is currently at a local support level. Similarly, the total market cap of altcoins is also sitting at a strong support (see details in the comment).
With the recent hype surrounding the Ether ETF, I decided to open a long position for PEPE. The setup is illustrated in the chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
#PEPE: PEPEUSDT Set for a Bullish Breakout! Here's Why This TradI have identified a compelling trade opportunity in the #PEPE/USDT pair, and here's why I believe this is a promising setup:
1. Falling Wedge Pattern: PEPE has been forming a falling wedge pattern, a classic bullish reversal signal. The price has recently broken out of the upper trendline of the wedge, indicating a potential upward move.
2. Volume Confirmation: The breakout is accompanied by an increase in trading volume, which confirms the strength of this move. Higher volume during a breakout is a strong indicator of a sustainable trend reversal.
3. Support Zone: Around the level of 0.00001150 USDT, PEPE has established a robust support zone. The price has repeatedly bounced off this level, showcasing strong buying interest and a solid base for upward momentum.
4. Relative Strength Index (RSI): The RSI has been trending upwards from oversold levels, suggesting a shift in momentum from bearish to bullish. This reinforces the potential for a significant upward move.
5. Risk/Reward Ratio: My entry point at 0.00001174 USDT is strategically chosen with a stop-loss just below the recent support at 0.00000950 USDT. The target is set at 0.00001805 USDT, providing an attractive risk/reward ratio.
6. Market Sentiment: Positive market sentiment and increasing interest in meme coins like PEPE add an additional layer of bullish potential. The hype and speculative interest can drive prices higher in a short period.
In conclusion, the technical breakout from the falling wedge, volume confirmation, strong support, favorable RSI, and positive market sentiment make this PEPE trade a highly appealing opportunity. Let's see if PEPE can achieve new heights!
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PEPE: Breakout and Retest!Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
PEPEUSDT has broken out from a descending triangle pattern, suggesting a reversal from the previous bearish trend. The breakout is supported by a retest, and if PEPE maintains the retest level, a bullish rally is likely soon.
Key Observations:
~ Entry Range: $0.00001024 to $0.00001102.
~ Lower Support: $0.00000899.
~ Deviation Range: $0.00000899 to $0.00000991.
~ Moving Averages: The 50EMA stands as resistance for PEPE at $0.00001191.
If the market continues to drop, PEPE is likely to hit the deviation level, followed by a rebound.
DYOR. NFA.
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#PEACE
PEPEPEPE my point of view, it doesn’t create any strong SP area to Buy, and seems like Buyers are exhausted and created a zone for Sell. Just keep watching in the zone. Good luck all.
PEPE 1HMy apologies @Metz
I was meant to share an update about previous idea. AMD idea is still in plan. However we have moved into higher timeframes, which is better due to stronger movement that price action creates. Using supply and most importantly demand to see how current price reacts to these important levels.
PEPE Long Trade SetupMarket Context:
PEPE has found horizontal support after an initial pump. If the market remains bullish, PEPE is likely to bounce from this zone. The setup offers a good risk-reward ratio, especially if the price dips into the entry box, lowering the stop loss risk. If this level is lost, the next high conviction zone is $0.00001135.
Trade Setup:
Entry: Enter a trade between $0.0000121 to $0.00001226.
Take Profit: Set profit targets at $0.0000129 and $0.000014.
Stop Loss: Place the stop loss on a close under $0.00001207 to manage potential downside risk.
📊 Monitor market conditions closely and be prepared to adjust your strategy accordingly! #PEPE #CryptoTrading #RiskReward
$pepe short CRYPTOCAP:PEPE had a bearish retest on higher timeframe expect it to go lower considersing btc is also mini bearish. i expect lower prices.
PEPE 4h Has my time came to make 6-7 figs? I don't know what the future holds but I'm sticking to my conviction. This is why it is important to do your own due diligence onto which ever path you choose and keep on believing in it. one day it will come.
PEPE → The end of the correction may take us back to an uptrend BINANCE:PEPEUSDT - the meme coin is showing signs of a possible end to the correction and a return of price to the bullish trend continuation phase.
On the local timeframe, the price forms an exit beyond the resistance of the descending channel, characteristic of the correction against the background of the bullish trend. Against the background of bitcoin capitulation and the general mass of altcoins, the meme coin PEPE looks quite cheerful. The price can move into the phase of the 5th wave realization if the bulls can keep the defense above 0.0000114. The next boundary is the range resistance. The breakout of this area will be a green traffic light signal for the buyers, the potential of which could strengthen the price towards ATH
Resistance levels: 0.0000125
Support levels: 0.0000114, 0.00001084
I expect that the bulls will do their job and will soon be able to bring the price to the nearest resistance, where a fierce struggle for further space between buyers and sellers may take place.
Regards R. Linda!
PEPE LTF 15m
1. Range identified
2. Conviction (PA Smart), it knows where it will go, but I don't.
3. What I know is what I know.
4. What I don't know is what I don't know.
GL
Love Metz
PEPE LongBulls have achieved a new higher high after significant consolidation on the H4 chart. The resistance has been retested, indicating it's now time to initiate the uptrend. All setups are confirmed for a buy signal. Good luck!
#PEPE/USDT breaks the Diagonal Trendline in 4-Hour TF!#PEPE/USDT breaks the Diagonal Trendline in 4-Hour TF!
CRYPTOCAP:PEPE needs to hold the $0.000012175 to remain bullish. The local resistance level is $0.0000158.
PEPE/USDTCRYPTOCAP:PEPE $
📜Making good condition and right Structure to buy i am loading my bag for this coin📜
💲Price:Current Market Price💲
🎯Target:0.00001310-0.00001520-0.00001783🎯
:}
☠️Disclaimer:(Do your own research)I am not financial Adviser.☠️
Moving towards the targets of $0.000014 and $0.000015The mid-term descending channel of PEPE has broken, and a strong support level is found at $0.0000115. In previous analyses, we highlighted this area as crucial for observing price reactions. If the price holds this level during the pullback, it may likely move towards the targets of $0.000014 and $0.000015.
#PEPE/USDT ANALYSIS PEPE has recently broken out of a descendin#PEPE/USDT ANALYSIS
PEPE has recently broken out of a descending channel, accompanied by significant volume, signaling strong bullish momentum.
Currently, it is undergoing a retest above the channel, with the 50-day moving average providing critical support. This support from the 50 MA suggests underlying bullish strength.
If PEPE successfully holds above the descending channel during this retest, it would serve as a bullish confirmation.
PEPE Gearing Up For New All-Time High Pepe has been one of the best-performing crypto tokens in this cycle so far.
After breaking out of an inverse head and shoulders pattern at the beginning of May, Pepe reached a top of 0.0000179. At the time, buyers lost some steam, and the token entered into a consolidation.
Here are two reasons why Pepe could have reached the local bottom and aims for a new ATH soon.
1️⃣ Technical Indicators: Pepe has flashed a bullish MACD crossover on the daily chart. This signal is reliable, especially in higher timeframes. Backtests show that in 70% of all occurrences, the price rose by more than 10% right after.
2️⃣ Chart Setup: Pepe is forming a nice U-formation on the daily chart with its bottom at 0.00001.
If PEPE follows this pattern and gets fueled by bullish indicators, a re-visit of the previous ATH is likely.
Based on the current level, this results in a profit potential of 35% - 40%.
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Pepe long scenario - $0.00001148Structure on Pepe is pretty stright forward so long entry on Pepe was too tempting to pass up on retest at '668.
- Long Target is '906 but expecting an extension through to '1148.
...before shorts to legacy H&S target of '446.
Best, Hard Forky
PEPEUSDT könnte das so passieren ?Mit Fibonacci Retracement Analysiert. Ich wollte meine Ideen und Gedanken Teilen :)
Dies sind Zwei Szenarien die wahrscheinlich eintreffen könnten.
Was meint ihr?
PEPE BROKE FALLING WEDGEPepe has just broken falling wedge pattern in 4h timeframe. It was really a long correction, now its ready to give 50% gain in upcoming days.
Entry 0.00001220 - 0.00001280
Target 0.00001360, 0.00001540, 0.000017
Stop 0.00001080
