PEPEUSDT ( UNDER BEARISH PRESSURE ) ( 4H )PEPEUSDT
HELLO TRADERS
TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure
TURNING LEVEL : around 0.000009 , know worked a resistance level , because the price stabilizing below this level refers active short condition, but if breaking a turning level worked change to a support level , refers active a long condition
PRICE MOVEMENT : the price in previously attempt to breaking a channel but failed , again it will trying to reach a support level for breaking a channel but failed , after rising trying to breaking a turning level but stabilizing below this , know the price again trying to reach a support level , if the trade below this level can be breaking a channel , but if the breaking a turning level reach a resistance level
SHORT CONDITION : as long as the price trading below turning level around 0.00009 , reach a support level at 0.000007 , breaking this level a stabilizing below this reach a next support level at 0.000006 after may be breaking channel
LONG CONDITION :if the price breaking turning level by open 4h or 1h candle above 0.000009 , reach a resistance level at 0.000011 , the breaking this level reach a 0.000012
TARGET LEVEL :
RESISTANCE LEVEL : 0.000011 , 0.000012
SUPPORT LEVEL : 0.000007 , 0.000006
Pepeanaliysis
Pepitos- Well i never talked about PEPE but i bought on uniswap, before it was listed on Binance.
- Not much peoples knew about PEPE the Frog.
- i sold it when Binance announced the listing... and it dipped when Binance opened trading.
- Pepe is a Meme.
- Pepe have no tech.
- Pepe is pure gambling.
- Pepe is Dangerous.
- Pepe is still young.
- But Pepe is fun :D
- For all that reasons i didn't talk about it. i didn't want my followers to rekt on it.
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- So now that Pepe starting to be older a bit, if u want to gamble on a new meme :
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- Nothing to buy Now
- Buy retracement : 150 ish ( took out the boring 00000 )
- Full buy at bottom : 60 ish
- SELL : 1100
- SERIOUS SELL : 1500 - 1800
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Stay S4fe !
Happy Tr4Ding !
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.
PEPEUSDT.1DBased on the provided market data, the PEPE cryptocurrency is currently trading at $24.00 against USDT. This is significantly below its 4-hour, 1-day, and 7-day resistance levels, suggesting that it is currently in a bearish phase.
The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day charts are 91.93, 89.65, and 88.53 respectively. These are all above 70, indicating that the cryptocurrency is currently overbought and could be due for a price correction in the near future.
The Moving Average Convergence Divergence (MACD) for the 4-hour, 1-day, and 7-day charts are 25.0, 16.0, and 16.0 respectively. These positive values suggest that the cryptocurrency is experiencing bullish momentum.
The Bollinger Bands (BB) for the 4-hour, 1-day, and 7-day charts are 240.0, 244.0, and 244.0 respectively. The current price is significantly below these values, indicating that the cryptocurrency is currently undervalued and could be due for a price increase.
The support levels for the 4-hour, 1-day, and 7-day charts are $166.0, $129.0, and $120.0 respectively. These are all significantly above the current price, suggesting that the cryptocurrency has broken through these support levels and is in a bearish phase.
In conclusion, based on the technical analysis, the PEPE cryptocurrency appears to be in a bearish phase. However, the high RSI and positive MACD values suggest that it could be due for a price correction in the near future. As always, it's important to keep in mind that cryptocurrency markets are highly volatile and unpredictable, and this analysis should not be taken as financial advice.
PEPE will explode soonPEPE is completing a large bullish triangle.
It is now in wave E of this triangle, which is the last corrective wave.
PEPE is expected to pump soon while maintaining the green range.
Closing a daily candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PEPE/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this PEPE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Pepe (PEPE), which is known for being a deflationary meme coin, rose by over 13% in today’s session.
Following a low of 0.0000009764 on Tuesday, PEPE/USD made a move to a peak of 0.000001257 earlier today.
pepe briefly broke out of a price ceiling at 0.000001200, however was unable to sustain the move.
the coin is currently trading at 0.000001135, which comes as the relative strength index (RSI) sits below its own ceiling.
The index is tracking at 49.15, which is marginally below a key level of resistance at the 53.00 mark.
Should bulls push past this point, there is a good chance that PEPE will make another move above 0.000001200
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you