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PEPE - Targeting $0.00002 🌖Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🏹 As per my last analysis, shown on the attached chart, KUCOIN:PEPEUSDT rejected the red zone and traded higher in a parabolic manner. What's next? How high can PEPE climb? 📈 #PEPE is currently in an impulse/markup phase, and as long as the bulls hold, I anticipate a continuation towards the $0.00002 round number. 🎯 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
PEPE - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green. Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting massive demand zone marked in red. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red demand zone and lower green trendline acting as a non-horizontal support. 📚 As per my trading style: As #PEPE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
Bitcoin loses $33.19bnBitcoin, the world’s largest cryptocurrency, has lost $33.19bn in market capitalisation as its trading price slipped to $35k in the wake of Russia’s invasion of Ukraine. News of Russia’s ‘special military operation’ in Ukraine has sent the crypto market spiralling down, tumbling along with traditional markets. On Wednesday, BTC had a market cap of $707.39 billion and closed trading at $37,296.57. However, as of 3:04pm on Thursday, BTC’s market cap had fallen to $674.19 billion and was trading at $35,549.04. Reacting to the tumble in the market, Chief Executive Officer, FTX, Sam Bankman-Fried, said, “So there are arguments both ways for what should be happening to BTC right now. “I’m not really sure I would have guessed it would go down based on the fundamentals. But it is down, a lot! Why?” He added that the Ukraine saga would have financial consequences for European Union neighbours’ financial robustness.
BITFINEX:BTCUSDLong
by rhetrahalchinc