Pepe
Can PEPE do what SHIB did? PEPE chartCan PEPE do what SHIB did? PEPE chart
History does not repeat but often rhymes:
PEPE target
Sell zone: 15/05 or 0.0000089
Highly Risk play**
Some facts on PEPE and SHIB:
SHIB first CEX listing 13/4/2021
PEPE first CEX listing 19/4/2023
Before was first on Dex in Uniswap
Both first listings were MEXC
PEPPE Parobolic Pump Still GoingPeppe has become the lastest meme coin to beat the odds of mass adoption. In just a little of 2 weeks it has seen what is a clear parobolic pump and is currently sitting up over 4000% since launch.
The question is how far can a silly meme coin with no real utility go? Past experience with top memes like shiba and doge had proven that they can go alot farther than one thinks very very quickly
This is an hourly line chart we have been using to measure the momentum of price change verse time.
Using the circle tool to match the curvature of the price action and splitting it evenly into 15 degree sections as usual has provided very accurate significant price levels and time periods to gauge the progress of the pump.
The circle tool on trading view is not fixed and any zooming in or out and it will lose its aspect ration. If the circle on the chart is not perfectly positioned inside the red square zoom in or out to adjust. Each point where an angle line crosses the circle is repeating pattern in the time vs price cycle.
This a meme coin and when it is done the crash will most likely be quick and violent. Price is currently pumping on this parobolic curve but when it falls out distribution of large holders will be heavy.
Take your profit when the time comes or somebody else will.
If anybody out there know how to code a circle tool like this that is scalable and fixed let me know in the comment section.
PEPEUSDT What's going on with PEPE??PEPEUSDT is testing the top of a Triangle pattern similar to the earlier one on April 19 - 27. The 4H RSI however resembles the April 28 - 20 parabolic rise. If the price closes above the Triangle, we expect a rise to 0.0000038. If not, then pull-back to the bottom of the Triangle at 0.0000010 until the next move emerges.
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#Pepe | #Usdt#Pepe currency is currently trending and the price is likely to increase again
But it should be kept in mind that there have been many pumps so far and it is very risky
It has a key resistance at 0.0000015, if this resistance is broken, the price can go up to the green targets, but if the support of 0.000000841 is broken, it can fall to support 1, 2, and 3.
Is #PEPE still headed for the moon or is the rally done?I don't trade this coin, but here is what I was talking about on this morning's Wolf of All Streets Podcast with a bit more information.
My count suggests that wave (iii) of ((iii)) terminated at the current swing high. Since, then wave (iv) has been printing what appears to be a flat correction. If so, then it is likely complete at the swing low. However, further decline has targets of the 38.2% and 50% retracement levels, respectively. The targets are based on the completion of wave (iv) and are denoted by the red arrows.
It's possible that a double top formed, which would give us a pattern target of the 50% retracement area at the hourly pivot. But we need to see further breakdown to confirm that likelihood. Failure to do so will invalidate the pattern.
So, if price rallies, instead, then an impulsive breakout above the descending purple resistance will signal that wave (iv) is likely complete. Further breakout above the wave b extreme will add confidence to the count. And wave (v) of ((iii)) has one of the red arrow targets depending on which of the pullback targets is hit.
Basically, I'm looking for an impulsive breakout above the purple line to signal that wave (iv) is likely complete, no matter which pullback target is hit. Further breakout above wave b will signal that wave (v) of ((iii)) is likely in progress to one of the aforementioned targets.
Firm Resistance For PEPE around $0.0000014Clearly we have a pretty strong resistance level around 0.0000014.
Now let's break it down to the 4 hour level. That 0.0000014 resistance level halted advances on two four hour candles.
We are seeing some support which is where PEPE bottomed out yesterday.
We look to be forming an ascending triangle with that 14 level being firm resistance. As you can see the trend line which has been in effect since saturday is quite strong and could continue to push shares higher.
Obviously I only have two weeks of chart data to work with here but one thing that every chartist would agree with is that the $0.0000014 resistance level is pretty significant and if we get a break of that level we are likely to see more upside.
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PEPE. Prince Charming or a Ugly Toad.Scenario 1
A windup in a tight #HVF pattern which takes this coin just shy of $1billion dollars incredible.
The shilling will be immense, which is a sure sign of using retail as exit liquidity.
Scenario 2 we already locally topped! and it's due for a sizeable pullback.
I favour scenario 1
Bt not participating in this coin at this stage!
PEPE IS DANGEROUS take carePepe coin , like many other cryptocurrencies, is subject to volatility in its price, which can be affected by a range of factors such as market sentiment, news events, and technical analysis. In recent weeks, Pepe coin has been retesting and consolidating between two key levels, represented by a red line and a green line on the chart. This consolidation suggests that buyers and sellers are in a state of equilibrium, which could lead to a potential rise in price if the balance tips in favor of the buyers.
If Pepe coin breaks out of this consolidation range and moves above the red line, it could signal a bullish trend and attract more buyers into the market. This increased demand could drive up the price of Pepe coin, potentially leading to a surge in value. However, it's important to note that cryptocurrency markets are highly unpredictable and investors should always exercise caution and do their own research before making any investment decisions.
#PEPE is worth half a Billion dollarsThere are 9 Thousand pepe coins now!
This one has over 7 million dollars in liquidity with early holders playing a game of chicken with each other.
One "investor" already market dumped
If you didn't get in early .. note the #HVF pattern
and are not looking at that USDC pool to lock in gains
The Risk/Reward is too high for me to join this runaway train.