Oldie but DOGE. Strong rebound while BTC stays weak. Bullish.Hi,
Doge is strong while Bitcoin is still showing weakness.
A breakout above the local top of $0.194ish is expected to take Doge to $0.32 as shown in the chart.
As you've seen in recent posts, you have to overcome FOMO & FEAR to make 2x, 10x, 100x returns.
Remember that DOGE's last cycle's 250x gain was accompanied by multiple 50+% pullbacks, so I recommend not using leverage too much.
Avoid fear, and trust the journey.
1PERCENT
Pepe
Alikze »» Yooshi | Breaking dynamic triggerIn time 1W, it is breaking the dynamic trigger and according to the guard it took in the first step, it will have the ability to grow up to the specified supply area. If the area fails, it will have the ability to reach its high supply areas. According to the momentum in the 3rd rising wave, this guard will continue until the initial areas.
»»»«««»»»«««»»»«««
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Alikze => PEPE | Pullback to the 61.8 Fibo areaIn the daily time, it is moving in an ascending channel. According to the movement of the previous wave that went through a cycle and then in the form of a zigzag correction in the range of 0.38 fibo, the previous wave has encountered support and is currently above 61.8 fibo, and the recent correction can be a pullback after the failure of the zone, which has the ability to rise. It will have up to the specified range of supply and after that minimum wave return will continue up to the specified areas. But if the current range is broken, there is a possibility of correction to the bottom range of the channel for recovery.
🟩Sup: 0.0000011693
⛳️Tp 1:0.0000015830 - 0.0000016760
⛳️ Tp2 :0.0000020329
⛳️ Tp3 :0.0000025657
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💎 BTC/USDT - Bull or Bear ? (READ THE CAPTION)As you can see, after the last Bitcoin analysis, the price was able to grow from FWB:67K to $71.7K, and today this cryptocurrency fell by more than 7% and is currently trading in the range of $66,500! The first important demand level in front of Bitcoin is $59,000 to $63,000 and the second important demand level is $38,800 to $43,700! As you know, there are only 18 days left until the Bitcoin halving, and the closer we get to this date, the more severe the fluctuations of Bitcoin will be!
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PEPE & BONK- Will they make headlines again?Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days.
While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature.
In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an inverted head and shoulders pattern. This pattern led to a significant surge in the coin's value, resulting in a new all-time high and a gain of around 13X in just three weeks.
Following this surge, there was a normal correction that halted precisely at the 50% Fibonacci retracement level. At this point, it's likely that the correction is over, and we could anticipate another upward movement.
Considering a similar rise in the future, we might expect another 10-fold increase.
BONK:
Had also a strong 5X rise at the end of February, followed by a correction after making the ATH that is nicely aligned with the horizontal support.
Also here the correction seems over and a new strong leg up could follow.
Keep in mind the nature of the coins and trade ONLY what you can afford to lose!!!
🔥MEME Copy APT Before +300% Pump: Will It Happen Again❓🔥 MEME is a fresh altcoin on Binance and very popular Twitter account with 2.3M of followers. This is a very huge community which will pump the price after its pullback.
MEME can make a pullback by -60-70% and it should be a signal for you to pay the attention to this memecoin. Previously, Aptos, Worldcoin, Pepe, Shib (fresh altcouns) was pumped after such pullback by 100-400%.
💥 Altcoin with such audience and popularity as MEME will be a top gainer at a euphoria phase of a bull market.
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🔥ENJ Is Going To Break Channel: Targets are +140-300% Above❗️🔥Enjin Coin is trying to break the 500-days channel. I expect the massive breakout.
Now the price aproach the top of the channel and try to break it. If it happen, it will be a good bullish sign to add some ENJ on channel test as support (mark with arrow).
💥The 2 main mid-term targets are on chart. The altseason is going!
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💎 GTAI/USDT -Ready for another Bullish move? (READ THE CAPTION)By examining the GTAI/USDT chart, we can see that after entering the demand range of $3.35 , the price is associated with the relative demand, and if the price can stabilize above this level, we can expect more growth from this cryptocurrency, and its next targets are will be $4, $4.50, $5 and $5.5!
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PEPE: Resistance WatchOur technical analysis of PEPE on Binance showcases the emergence of bullish momentum as evidenced by the recent positive crossover in the MACD and an RSI climbing above the midpoint, signaling increasing buying pressure. The trading volume appears robust, adding credibility to the recent price movements.
However, price action indicates that PEPE is encountering a strong resistance zone, hinting at a consolidation phase before any potential breakout. Traders should keep an eye on this level as a sustained push above could validate the bullish scenario.
It's also important to monitor Bitcoin’s market movements, as a downturn in the leading cryptocurrency may adversely affect the altcoin markets, including PEPE, potentially reversing recent gains.
The market presents a cautious optimism for PEPE, with key technical indicators tilting towards the bulls, yet the looming resistance and external market influences call for a measured approach.
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PEPE Bounces off Support, Sign of Recovery or a Bullish Fakeout?Over the past 48 hours, BINANCE:PEPEUSDT has shown significant volatility on the 4-hour chart, catching the attention of cryptocurrency traders and analysts.
The technical indicators present a nuanced picture of PEPE’s future movements. The 9 Exponential Moving Average (EMA) trended downwards, while the 20 EMA also decreased, suggesting a bearish sentiment in the market. The Moving Average Convergence Divergence (MACD) values, with the histogram showing slight decreases over the period, reinforce this bearish outlook. The MACD line has been below the signal line, indicating potential selling pressure.
The Relative Strength Index (RSI) hovered around the 30 to 36 range, suggesting that PEPE was nearing oversold territory but had not fully entered it. This could indicate a potential reversal or bounce in the near term if buyers regain interest.
Considering the current technical setup and market sentiment, traders might observe the following levels for potential entry and exit points. For bullish traders, a potential entry point could be around the support levels of $0.00000552, with more aggressive buying near $0.00000395 or even $0.00000271 if the price were to dip further, aiming for a bounce back towards resistance level at $0.00000806. Conversely, bearish traders might consider short positions near these resistance levels, targeting exits around the aforementioned support levels, especially if the price fails to break through the resistance.
In summary, the Pepe price’s current technical analysis suggests a bearish outlook in the short term, with potential for reversal if key support levels hold. Traders should closely monitor volume, MACD, and RSI indicators for signs of a shift in market sentiment. As always, it's crucial for traders to set appropriate stop-loss orders to manage risks.
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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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.