Alikze »» SHIB | Bullish Flag🔍 Technical analysis: Bullish flag in corrective zigzag wave 4
According to the analysis presented in the previous post, wave 3 or rising C in the area of 2.618 Fibo of the previous wave itself was completed.
💎 But now in the 1D time frame a bullish flag is formed in the form of wave 4 zigzag.
After exiting the congestion and descending channel in the supply range, it has faced selling pressure.
💎 Therefore, it can be offered after the pullback to the broken structure in the liquidity range by successfully collecting liquidity to break the zone.
💎 In addition, if the candle closes to the sub-zone in the daily time, the bullish scenario will be invalid and should be re-examined and updated.
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Pepe
Alikze »» TURBO | 4H descending channel🔍 Technical analysis: Moving in the descending channel
- The daily frame time is moving in an upstream channel.
- But in the 4H frame time, there is a corrective form that is moving within a downtrend.
- This correction can first touch the range of 0.003052 if it is below the supply area and can extend this correction to the middle of the channel if continued.
💎 Alternative scenario: Also, if it can break the 0.0061 area, it could form an upward flag pattern that can continue the uptrend and continue its growth channel as much as the channel supply.
If the behavior and structure of the post will be updated, it will be updated.
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Hold the line, Pepe!$ BINANCE:PEPEUSDT is down 7% but bounced exactly at the major support line at 0.000009.
If Bitcoin stops bleeding, we should see Pepe going back to 0.000011 quickly.
In case Bitcoin decides to go lower it will be essential for PEPE to defend the support line. Losing this support would quickly bring the level at 0.0000065 into play.
Hold the line, Pepe!
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Like Pepe and Shib, it also listed on binance with a billion dollar market cap and we saw a big selling pressure after listing!
After a big dump there will be a few weeks of accumulation. Then we may see the expansion move 📈
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ECONOMICS:BOME DCA Level : 0.0060 - 0.0040 - 0.0025
Target : 5x 10x 15x 20x
#Dyorrr
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PEPEUSD Will start forming a bottom. Be ready to buy.Pepe (PEPEUSD) is showing signs of proper structured price action as the prevailing pattern emerges as a Channel Up. Having broken today below the 1D MA100 (green trend-line) for the first time since February 24 2024, we anticipate that the new bottom (Higher Low) of the Channel Up will start getting formed.
Both Bearish Legs of the pattern where through Channel Down patterns (dotted) and the Bullish Legs that followed (dashed), were Channel Up patterns. A break above the 1D MA50 (blue trend-line) again, should confirm the start of the new Bullish Leg.
The 1D RSI though is already giving an early signal and on the next rebound, if we see successive 1D candles trading sideways, we will have an early buy opportunity. The ultimate Support level is of course the 1D MA200 (orange trend-line).
The previous Higher High was formed just below the 2.0 Fibonacci extension from the Low. As a result, our Target is now 0.00002500 (just below Fib 2.0).
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PEPEUSDT Turns Bearish | More Downward Move Ahead for #PEPE?Yello, Paradisers! Have you been keeping an eye on CRYPTOCAP:PEPE (#PEPE)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#PEPE is currently trading within a descending channel, which is a bearish continuation pattern. This pattern is characterized by lower highs and lower lows, indicating sustained downward pressure. The price has been respecting the descending resistance line, repeatedly getting rejected at this level.
💎50EMA and macro market sentiment are also reinforcing our bearish bias for #PEPE. The major support zone is highlighted at $0.00000730. If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.00000662.
💎The immediate resistance zone to watch is at $0.00001225. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend.
💎There's a bullish order block around $0.00000730, which could act as a strong support level, providing a potential bounce back if tested.
Stay focused, patient, and disciplined paradisers
MyCryptoParadisers
iFeel the success🌴
PEPE Long Trade SetupMarket Context:
PEPE has found horizontal support after an initial pump. If the market remains bullish, PEPE is likely to bounce from this zone. The setup offers a good risk-reward ratio, especially if the price dips into the entry box, lowering the stop loss risk. If this level is lost, the next high conviction zone is $0.00001135.
Trade Setup:
Entry: Enter a trade between $0.0000121 to $0.00001226.
Take Profit: Set profit targets at $0.0000129 and $0.000014.
Stop Loss: Place the stop loss on a close under $0.00001207 to manage potential downside risk.
📊 Monitor market conditions closely and be prepared to adjust your strategy accordingly! #PEPE #CryptoTrading #RiskReward
Moving towards the targets of $0.000014 and $0.000015The mid-term descending channel of PEPE has broken, and a strong support level is found at $0.0000115. In previous analyses, we highlighted this area as crucial for observing price reactions. If the price holds this level during the pullback, it may likely move towards the targets of $0.000014 and $0.000015.
PEPE Gearing Up For New All-Time High Pepe has been one of the best-performing crypto tokens in this cycle so far.
After breaking out of an inverse head and shoulders pattern at the beginning of May, Pepe reached a top of 0.0000179. At the time, buyers lost some steam, and the token entered into a consolidation.
Here are two reasons why Pepe could have reached the local bottom and aims for a new ATH soon.
1️⃣ Technical Indicators: Pepe has flashed a bullish MACD crossover on the daily chart. This signal is reliable, especially in higher timeframes. Backtests show that in 70% of all occurrences, the price rose by more than 10% right after.
2️⃣ Chart Setup: Pepe is forming a nice U-formation on the daily chart with its bottom at 0.00001.
If PEPE follows this pattern and gets fueled by bullish indicators, a re-visit of the previous ATH is likely.
Based on the current level, this results in a profit potential of 35% - 40%.
--
Check my bio for more free trade strategies.
#1000PEPEUSDT #4h (ByBit) Descending trendline breakout & retestPepe The Frog just regained 50MA support and is pulling back to it, seems to be heading towards 200MA resistance after.
⚡️⚡️ #1000PEPE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.0%
Current Price:
0.0116140
Entry Targets:
1) 0.0114203
Take-Profit Targets:
1) 0.0132591
Stop Targets:
1) 0.0104987
Published By: @Zblaba
CRYPTOCAP:PEPE BYBIT:1000PEPEUSDT.P #Pepe #Meme pepe.vip
Risk/Reward= 1:2.0
Expected Profit= +80.5%
Possible Loss= -40.3%
Estimated Gaintime= 1 week
PEPE at strong SR, but chances for another dip are still highBINANCE:PEPEUSDT follows market vibes. Recent dips reached nice SR level at 1100-1140, but I can't be sure that it was the last dip. In order to confirm end of correction PEPE got to close 4H above 1300. Before that none of moves have bullish value.
If there will be more dips, then zone of interest starts under ~1080 and since there is a wide FVG price can easily dip down to 950-1000. These are short term targets that can be reached within this week.
I'm pretty sure PEPE will revisit 1340-1400 zone at some point, but I won't try to guess, if it will happen after the dip, or instead of it.
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 channel in blue.
Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting massive demand zone and round number $0.00001 in orange.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the orange round number and lower blue 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
PEPEUSDT is approaching the main trendHey Traders, in today's trading session we are monitoring PEPEUSDT for a selling opportunity around 0.00001140 zone, PEPE is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.00001140 support and resistance area.
Trade safe, Joe.
SHIB/USDT Analysis: Key Levels to BUY (READ CAPTION)By analyzing the #Shiba chart on the weekly (logarithmic) time frame, we can see that after a significant rally, this cryptocurrency has undergone a correction. We should soon expect the end of this correction and the start of the next upward wave. Keep an eye on these levels: 0.00001542, 0.00001385, and 0.00001248! Additionally, the price might fill its previous FVG before starting a strong upward move. This analysis will be updated!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
#PEPE/USDT#PEPE
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.0000950 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.00001115
First target 0.00001300
Second target 0.00001435
Third target 0.00001595
PEPE PEPE almost reach order block (1), But not mitigating and moving downside. Currently holding order block (2). If order block (2) was fail, PEPE moving downside.
PEPE was bearish. So moving downside is high possible. Or if PEPE moving upside, PEPE mitigating orderblock (3) to moving downside is high possible.
PEPE still in Decending Chanel but there is hopePEPE is in the huge Decending Chanel and it's almost weekend. What can we distract from the charts.
Before we look into PEPE charts I've check BTC and we are still in de sideways accumalation channel there. On the other hand we see this massive AcendingTriangle that must break out soon.
The question here is will ik go up or down. Again is friday and most weekends aren't that strong.
Inside the AT we can find a Faling Wedge at the end... Those tend to break out to the upside. But again almost weekend.. Will it crawl up along the slope of the AT for a huge break out by monday. Or does it break down and grap more liquidity to gain momentum.
Now the PEPE chart
PEPE is still in de decending chanel. It did bounce on the Golden Pocket of the fib range so it tends to go up a bit. On the other hand we lost the support yesterday and that is now the resistance. On the lower time frames we could make some kind of double bottom but that is not a textbook version so trusting it is gambling.
Lets see if we can get a reversal pattern like an Inverse Head & Shoulders or a nice Cup and Handle.
Alikze »» DOGE | Ready to defeat the PRZ zoneAccording to the previous analysis in the currency post that was mentioned, it faced a negative reaction in the second PRZ area and corrected according to the movement path to the specified areas.
💎 But now, due to returning from the specified area, it has attacked PRZ again with a good momentum.
💎 Therefore, this return wave can break the area for the next target, which is the supply area, if it can return in the specified area.
💎 In addition, if this pattern is completed, it can form a data valley, which can continue the path according to the previous post after completing the last log.
💎 Alternative scenario: in case of a break, the green box area can continue to be modified until the next area, which should be reviewed and updated again.
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Alikze »» PEPE | Support of the bottom of the ascending channelAt 8h, it is in the trading range area, which has good reactions to the supply and demand areas.
💎 Currently, it is moving to the supply zone in an upward channel, which has faced a temporary correction after the negative reaction to the zone. But if it maintains the area of 0.00000894, it can break the supply area and continue its growth until the next supply area.
💎 Alternative scenario: In addition, if the bottom of the channel breaks the indicated area, it can continue to correct the demand area.
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