PEPE - Next Wave Up ☝🏻PEPE is breaking out of a 3 wave correction and the next wave up appears to be underway.
Not advice
PEPEUSDT trade ideas
PEPEUSDT.4HThis 4-hour chart of PEPE/USDT illustrates several technical analysis components:
Ichimoku Cloud: The price is below the Ichimoku Cloud, suggesting a bearish trend. If the price remains below the cloud, this trend is likely to continue.
Support (S1): The chart identifies a support level at 0.00000631 USDT, which could be where buyers may step in if the price declines further.
Resistance (R1, R2, R3): There are three resistance levels plotted, with R1 at 0.00000949 USDT being the closest to the current price. Breaking above R1 could signal a potential reversal or bullish trend.
Zig Zag Indicator: This is likely used to identify price trends and reversals by filtering out minor price changes.
RSI: The Relative Strength Index is around 40, which is neither oversold nor overbought. This suggests that the price has room to move either way without immediate pressure from RSI levels.
MACD: The Moving Average Convergence Divergence is showing the signal line above the MACD line, indicating bearish momentum. However, the histogram is small, suggesting that the momentum is not strong.
Conclusion:
The overall trend seems bearish due to the price's position below the Ichimoku Cloud. If considering entering a trade, one might wait for bullish signals, such as a crossover in the MACD or an RSI heading towards overbought levels, indicating increased buying pressure. Given the identified support and resistance levels, a trader might set a buy order near the support level with a stop loss placed just below it to minimize potential losses. Conversely, if looking to sell, setting a target around the resistance level R1 could be prudent, with an eye on the price action for any breakout above this level that could invalidate the bearish outlook. Always consider combining technical analysis with market news and sentiment when making trading decisions.
Analyzing the Ascending ChannelPEPE presents an intriguing landscape as we delve into the 4-hour chart on Binance. Currently trading at 0.00000860, PEPE appears to be in a classic ascending channel, showcasing a bullish trend that started at the beginning of March.
Current Resistance: The channel's upper boundary remains undefined, as PEPE hasn't met a dynamic resistance that has been tested multiple times. This implies that while we have our eyes set on the last known resistance level, the market is yet to determine a solid ceiling for PEPE's rally.
Trend Analysis: The blue ascending line has been a consistent ally to buyers, offering a strong trend line that has supported the price from the beginning of March. This line serves as a dynamic support, which could be a reliable touchpoint for future price actions.
Bollinger Bands: The price oscillating between the bands, with recent activity closer to the middle, suggests a stabilization period following some volatility.
Volume: At 5.896T, the volume shows there's significant interest in PEPE, which sustains the validity of price movements.
SMA: PEPE is trading close to the SMA, indicating that the price is currently at equilibrium in terms of the average market sentiment over the recent period.
MACD: The MACD line is slightly above the signal line but with the histogram trending downward, signaling that bullish momentum may be waning.
RSI: The RSI at 53.12 suggests that the asset is neither overbought nor oversold, providing no immediate indications of a trend reversal.
In the practical sense, the key things to watch are the reactions to the ascending trend line for continued support and any formation of a clear resistance level. Breaks below or above these could signify a shift in market dynamics.
It is also crucial for traders to keep an eye on volume as a confirmation of trend strength. A continued high volume could indicate sustained interest, while a drop-off might suggest a potential decrease in momentum.
In conclusion, while PEPE's path seems clear in its upward trajectory, the absence of a defined resistance zone invites cautious optimism.
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Dead pussy cat on Pepe/usdt 5 minMemes have been taking a hit this weekend.
This on Pepe, looks like a tiny bull trap to me. let's find out
PEPE Drops Cools Down, but Its Decline May Not Be Over YetIn the latest trading sessions on the 4-hour chart, BINANCE:PEPEUSDT has exhibited significant price movements, with closing prices oscillating between $0.00000699 and $0.00000769. The pair's recent dynamics suggest a battleground between bulls and bears, as evidenced by the variable closings around crucial technical levels.
The trends of the 9 Exponential Moving Average (EMA) values have decreased along with the 20 EMA, resulting in a bearish crossover. Such movements often indicate a potential shift in market sentiment from bullish to bearish.
MACD (Moving Average Convergence Divergence) indicators further confirm the bearish outlook. The MACD values have progressively decreased, highlighting an increased bearish momentum, as seen by the widening gap between the MACD line and the signal line across the past 48 hours. This is underscored by negative histogram values, which suggest a strengthening of bearish momentum.
The Relative Strength Index (RSI), hovering between 31.74 and 39.18, signals that PEPE is nearing oversold conditions. This could potentially attract buying interest if the asset dips further, though it remains essential to monitor for any shifts in RSI levels that may suggest a reversal or continuation of the current trend.
The Pepe price faces immediate resistance at $0.00000782, followed by more significant levels at $0.00000806 and $0.00000897. A break above these levels could signal a shift towards a bullish market sentiment. Conversely, support levels at $0.0000067, $0.00000552, and $0.00000395 are crucial for bulls to defend to prevent further downside risks.
Given the current bearish indicators, cautious traders might consider potential short entries, aiming for exits near the mentioned support levels. Conversely, should the asset demonstrate strength and break above its immediate resistance, this could offer a favorable long entry point, with targets set at subsequent resistance levels.
PEPE 🐸No mans land zone. 😶
daily zone 0.00000599
weekly 0.0000023 😭
Downward momentum in the daily.
If breakout previous maximum then 0.000034 🛸 (fibo extension)
Example of An Inverted H&S Turning BullishLarge inverted H&S pattern printed right before a huge jump
This an example of a bullish pattern
I think the run for PEPE will continue as the run for BTC continues.
if you ever see an inverted H&S just remember it can turn like this!
4Hr chart
Are MEME Coins getting oversold ?The recent rally has come to an end as you all can see but is this a buying opportunity or a sign of things to come?
Key points:
]MEME coins are experiencing a pullback. This could last days or even weeks. Coming price action will tell.
Fibonacci levels (100%, 127.2% , 161.8%) could be potential entry points. These levels represent historical support areas where the price might bounce if we are in fact in a 3 wave Flat correction.
The long-term trend might still be bullish. This pullback could be a healthy correction within a larger uptrend.
I'm waiting for a LOW RISK buy point. This means waiting for the price to reach these key Fibonacci levels before even considering entry.
Be cautious! The high volatility in MEME coins is extremely risky and could wipe out your account in minutes . Don't jump in blindly, wait for a good low risk entry point !!
What do you think? Is this a buying opportunity for MEME coins or a sign of a larger correction? Let me know your thoughts!
WOW THAT PEPE SHORT PLAYED OUT I gave out a set up for this PEPE SHORT!
Unfortunately I did get stopped out, I don’t win every trade I am very transparent.
I analyzed more into it and my leverage was to high, and my stop loss was to tight.
Let see what made me believe the price was coming down to the value area low.
1. Market Cipher was putting In bearish divergences on the 4hr with higher price action and lower momentum waves.
2. The best place to look for short is always the value area high( Remeber buy low sell high, easier said than done)
3. The fib retracement is a powerful tool when incorporating market cipher and volume profiles together, we literally hit the .786 and golden pocket and rejected those key levels making it a confluence short.
PEPE Long to Lose a 0PEPE has reached my lower target at the 0.786 Fibonacci level, signaling a prime opportunity to initiate a long position with a carefully placed stop loss. We're now poised for an ascent towards the 1.618 Fibonacci level. How to take profits
1.618 Level: Consider selling between 50% to 70% of your position. This is a significant target, marking a potential turn or pause in momentum.
2.0 Level: Take profit on another 15% of your holdings. This level represents a further stretch in price, warranting partial profit-taking.
2.618 Level: Aim to sell an additional 15%. Should the climb not extend to this lofty target, look to offload this portion anywhere in between the 2.0 and 2.618 levels.
Disclaimer: I’m not a financial advisor, and this should not be considered financial advice. These insights are shared from my personal perspective and are intended for educational purposes only. Always conduct your own research and consult with a professional before making investment decisions.
PEPE will push another leg up?PEPE broke above the short-term resistance trendline, watch for a retest entry. Entry on a breakout above newly formed resistance would also be fine.
Traders that used retest entry from my last idea are in the nice profit already...
BTW I would like to see RSI go above 60 for this to be a nice move up.
Details on the chart.
Good luck traders
PEPE - one will play outOne of these two will play out.
Pepe collaborations in Asia and people love pepe. reminds me of doge in 2013.
Why not buy a bag?
PEPE About To CollapseBearish divergence on RSI once RSI breaks the median PEPE is coming straight down to the 382 before moving up again. The whole market will probably correct as well, just PEPE will have a greater correction because of how fast it went up. What goes straight up comes straight down. I think Pepe will top out in the first half of this bull run around the end of this year or maybe 2025 I don't know when this first half will be over. After that PEPE will collapse with the rest of the useless crap out there as we enter hyperinflation. Only strong will survive at that time. So far my only list of survivors are BTC, LTC, DOGE and maybe ETH if ETH's rising wedge doesn't break. If ETHs rising wedge breaks its GG for ETH just like Luna.
None of this is financial advice this is all just my opinion.
PEPE About To Start a New Bullish Move👉 Currently The Main Pattern I See At The Chart Is a Bull Flag Which 0.618% PRZ Located At The 0.770$ And The Price Perfectly Bounced From That Support ,I Expect a Breakout From The Trend Line Toward a 0.1130$ As a Next Target
PEPE SCALP SHORTThis is the set up im showing you for Pepe lol (Meme coin)
But we are at are value area high and putting bearish divs on the 4hr and 30min!
This is a quick scalp again take every set up i give with a grain of salt Crypto Market on FIRE!
Entry was 0.0095 first take profit will be the Point of control at 0.008742.
Pepe Coin Leaps 10% as Elon Musk's Tweet Sparks FrenzyIn a whirlwind of excitement, CRYPTOCAP:PEPE , the frog-themed meme coin, surged by 10% in a single day, fueled by significant whale movements and a tweet from none other than Elon Musk. As the crypto community braces for potential shifts.
Elon Musk's Pepe Tweet:
The catalyst for Pepe's meteoric rise came in the form of a tweet from Elon Musk, featuring the iconic Pepe meme. Musk's cryptic caption, "sharing memes with frens," ignited speculation about his potential interest in Pepe, adding fuel to the already blazing fire of meme coin fervor.
Whale Movements and Market Dynamics:
Amidst Musk's tweet, significant whale movements added to Pepe's momentum. Whale Alert data revealed massive transfers of CRYPTOCAP:PEPE tokens, with billions worth of tokens changing hands between exchanges. Furthermore, a large whale depositing a substantial amount of PEPE tokens to OKX sparked further intrigue, indicating substantial activity surrounding the meme coin.
Growing Utility and Adoption:
Beyond speculative trading, CRYPTOCAP:PEPE is gaining traction in real-world utility. Blockchain payments firm Zypto Pay announced integration with CRYPTOCAP:PEPE tokens, allowing users to utilize them for day-to-day spending. This adoption signals a maturation of the meme coin ecosystem, enhancing its relevance beyond the realm of memes.
Speculation and Investment Surge:
Elon Musk's tweet acted as a catalyst for a surge in speculation and investment in $Pepe. Derivatives data analysis revealed a significant uptick in trading volumes and open interest, indicating heightened interest and activity surrounding the token. As Pepe gains momentum, the crypto community eagerly anticipates whether it can sustain its upward trajectory and potentially shed a zero from its price.
Pepe/Usdt Breakout Loading Pepe/Usdt
I am expecting price to breakout this trendline resistance on 4h Time-frame
Incase of succesful breakout 20-40% bullish move is expected for short term
It's not financial advice
PepeUSDT Market Analysis: Awaited Correction?The cryptocurrency market is often characterized by volatile movements and correction phases. PepeUSDT, a trading pair involving PepeCoin cryptocurrency and the Tether (USDT) stablecoin, is no exception to this reality. As investors closely watch charts and trends, the question arises: are we poised to see a correction in this pair?
Current Trend:
Over the past few weeks, PepeUSDT has displayed a significant upward trend. Prices have steadily climbed, with periodic spikes, attracting attention from traders and investors alike. This bullish trend seems to have been fueled by various factors, including growing interest in PepeCoin and the overall momentum of the cryptocurrency market.
Potential Reasons for Correction:
However, despite this bullish trend, it's important to remain cautious. Several factors could trigger a correction in the PepeUSDT pair:
Overbought Conditions: The Relative Strength Index (RSI) indicator shows overbought levels, suggesting that the PepeUSDT pair could be overvalued in the short term. Investors may begin to take profits, leading to a price correction.
Trading Volumes: Trading volumes could start to decrease, indicating waning investor interest. A drop in trading activity could trigger a price correction as demand decreases.
Unfavorable News: Unfavorable news regarding PepeCoin or the cryptocurrency market as a whole could also trigger a correction. Events such as government regulations or security breaches can have a significant impact on prices.
Strategies to Consider:
For investors and traders, it's crucial to implement strategies tailored to different market situations. In the case of PepeUSDT, here are some strategies to consider:
Taking Profits: If you've made significant profits from the bullish trend, it may be wise to take some of your gains to protect your investment in case of a correction.
Monitoring Support Levels: Keep an eye on key support levels. If the PepeUSDT pair starts to break below these levels, it could signal the beginning of a more significant correction.
Diversification: Consider diversifying your portfolio to reduce exposure to a single asset. This can help mitigate potential losses in the event of a market correction.
Conclusion:
In conclusion, while PepeUSDT has displayed a remarkable bullish trend, a correction could be imminent. It's essential for investors to remain vigilant and implement appropriate strategies to navigate the fluctuations of the cryptocurrency market.
#pepepepe
the black horse
1- entry point 0.00000766
2-best entry point 0.00000666
I Do not guarantee profits.
700% after a deep correction Hello
As you see in the chart PEPE broke a tough resistant zone and needs a pullback so considering SL/TP wait for the yellow zone and take a long position.
Spot trade.
200%Hello
As my entry didn't match and rebounded earlier, I put another chart about PEPE.
Hold it to 200%.
Target is 0.00002400.
