#PEOPLE/USDT Breakout in Action ! #PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have a bounce from the lower boundary of the descending channel. This support is at 0.01980.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward move.
There is a key support area in green at 0.02000, which represents a strong basis for the upward move.
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend of stability above the Moving Average 100.
Entry price: 0.02056
First target: 0.02111
Second target: 0.02190
Third target: 0.02265
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
PEOPLEUSDTPERP
#PEOPLE/USDT trading opportunity#PEOPLE
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 0.2030, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 0.02000.
Entry price: 0.02070
First target: 0.02140
Second target: 0.02210
Third target: 0.02288
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.01200.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.01216
First target: 0.01232
Second target: 0.01257
Third target: 0.01294
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel. This support is at 0.01855.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.01881
First target: 0.01940
Second target: 0.01984
Third target: 0.02051
#People/usdt#People
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.01750.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.01790
First target: 0.01820
Second target: 0.01850
Third target: 0.01881
#PEOPLE/USDT Breakout in Action!#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it.
We have a bounce from the lower boundary of the descending channel. This support is at 0.01660.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.
There is a key support area (in green) at 0.01655, which represents a strong basis for the upside.
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend of stability above the Moving Average 100.
Entry price: 0.01740
First target: 0.01775
Second target: 0.01828
Third target: 0.01895
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#PEOPLE Breakout in Action!#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it.
We have a bounce from the lower boundary of the descending channel. This support is at 0.01717.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward move.
There is a key support area (in green) at 0.01650, which represents a strong basis for the upward move.
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend of stability above the Moving Average 100.
Entry price: 0.01764
First target: 0.01807
Second target: 0.01855
Third target: 0.01916
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.02420.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.02475
First target: 0.02650
Second target: 0.02780
Third target: 0.02930
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.01980, acting as strong support from which the price can rebound.
Entry price: 0.02040
First target: 0.02086
Second target: 0.02135
Third target: 0.02185
PEOPLEUSDT: Strong Momentum on 4H Chart, Targets in SightPEOPLE USDT Analysis:
The PEOPLE (PEOPLEUSDT) chart on the 4-hour timeframe is showing significant bullish momentum, with TP1 already achieved. The trade setup aligns perfectly with strong technical signals and market sentiment, pointing towards a continuation toward higher targets.
Indicator Used: Risological Trading Indicator
Trade Overview:
Entry: $0.06340
Stop Loss (SL): $0.05894
Key Targets:
TP1: $0.06891 ✅
TP2: $0.07783
TP3: $0.08674
TP4: $0.09225
Key Observations:
Rising Trendline Support: The price is respecting a well-defined upward trendline, indicating strong buyer control in the market.
Market Sentiment: A surge in trading volume and a steady stream of bullish candles confirm that PEOPLE is riding a wave of positive sentiment, increasing the likelihood of hitting the higher targets.
Momentum Indicators: Technical indicators show a solid continuation signal, with the price maintaining strength above the entry point.
PEOPLE Coin Outlook:
As PEOPLE moves upward, traders should keep a close watch on TP2 and TP3, as they align with minor resistance levels. The risk-to-reward ratio remains favorable, and if the market sentiment sustains, TP4 could be a realistic target in the near term.
Conclusion:
This long trade setup offers a compelling opportunity for traders looking to ride the current bullish wave in PEOPLE. With TP1 already achieved, the remaining targets present a lucrative potential as momentum builds. Stay vigilant and manage risk effectively!
PEOPLE/USDT Long Trade on 4h Time Frame: Nearing Final TargetWe entered a long position on PEOPLE/USDT at 0.06377 on the 4th of October. The trade has progressed well, reaching TP 3 (0.08002) and now almost touching TP 4 (0.08385). A trailing stop has been set at 0.06812 to protect gains as we aim for the final target.
Target Points:
TP 1: 0.06761
TP 2: 0.07381
TP 3: 0.08002 (hit)
TP 4: 0.08385 (almost reached)
Trailing Stop: 0.06812
Stop Loss (SL): 0.06067
This trade showcases the accuracy of the Risological Swing Trader in capturing profitable setups with precision—an essential tool for future market opportunities.
We’ll continue to monitor the trade closely as it nears the final target.
PEOPLEUSDT Triangle Breakout.PEOPLEUSDT technical analysisi update
PEOPLE's price is breaking the triangle resistance line on the daily chart after a 100-day formation. Before a bullish move, we can expect a small retest before the price continues upward.
Target: 50%-100%
Stop loss: $0.060
Regards
Hexa
ConstitutionDAO PEOPLE price at critical pointEverything is so “great” in the cryptocurrency market now that the OKX:PEOPLEUSDT pair ranks 15th in terms of trading volume among all cryptos)
🔼 But in the current situation, it is worth keeping an eye on the #PEOPLE price, if it manages to gain a foothold above $0.07, then a powerful blue wave of growth may be waiting for it.
🔽 On the other hand, the current pattern is very similar to the situation in 2022, and accordingly, the possibility of a strong red drop remains.
Therefore, it is better to watch but not buy yet. And make trading decisions after one of the possible scenarios is confirmed.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more