17 Years Experienced Trader Talks About PEPE Hey guys , MartyBoots here I have been trading for 17 years and sharing my thoughts on PEPE
PEPE is BNBs mini me or its little brother (for now at least )
It looks strong and should move well
Watch for more info and hit me up if u need help or have any questions
Pepeusd
pepe → a position to get longhello guys.
pepe and lots more coins are bullish so much!
I am looking for an area to get the long position!
in this coin seems the yellow area is great to get the long position!
let's see if the price will do a pullback!
target:0.00000869
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PEPE/USDT technical analysis and trading plan by Blaž FabjanPEPE/USDT trading pair, here's a breakdown of the technical analysis and trading plan by Blaž Fabjan:
Symmetrical Triangle Formation:
There is a symmetrical triangle pattern highlighted. This is typically a continuation pattern that signals a breakout, either upward or downward, depending on which side breaks first.
Currently, the price is consolidating near the end of the triangle. A breakout is expected soon.
Support and Resistance Levels:
Immediate support: $0.000000807 (marked by a blue horizontal line). This is a key level to watch; if it breaks below, the price may retest lower support zones.
Next support: $0.000000766.
Key resistance: $0.000000886. This level represents a potential target for an upward breakout from the symmetrical triangle.
Higher resistance: $0.000000986, should the price breach the first resistance level.
Volume:
The volume bars are relatively lower in recent periods, but the volume could increase when a breakout occurs. Pay attention to a spike in volume confirming a breakout direction.
VMC Cipher-B Indicator:
The VMC Cipher indicator shows a bit of sideways movement in the momentum, with no strong divergences visible. Keep an eye on this to spot potential bullish or bearish divergence.
RSI (Relative Strength Index):
RSI is around 51.88, which indicates a neutral market. There’s no overbought or oversold signal, but the RSI may rise if there’s an upward breakout from the symmetrical triangle.
Stochastic RSI:
The Stochastic RSI is at 46.67, which is close to neutral but leaning slightly toward a potential upward crossover. This could indicate buying pressure may soon increase.
Potential Trading Plan:
Bullish Scenario (Breakout Upwards):
Entry point: If the price breaks above the symmetrical triangle resistance line and holds above $0.000000886 with increased volume.
Target: First target can be around $0.000000986. If strong momentum continues, higher targets may be set at key psychological resistance levels.
Stop-loss: Place a stop-loss just below the triangle support level, ideally around $0.000000807.
Bearish Scenario (Breakout Downwards):
Entry point: If the price breaks below the symmetrical triangle and the $0.000000807 support level with high volume.
Target: First target would be $0.000000766 and further down to $0.000000666 if the bearish momentum persists.
Stop-loss: Place a stop-loss above the resistance level of the symmetrical triangle, around $0.000000850.
Neutral/Consolidation Scenario:
If the price continues to move sideways and no clear breakout occurs, it’s best to wait and observe how the market reacts at these key levels.
Summary:
Watch for a breakout from the symmetrical triangle. A move above $0.000000886 with strong volume will likely result in a bullish continuation, while a breakdown below $0.000000807 signals bearish action. Keep an eye on the RSI and volume indicators to confirm momentum.
PEPE: Consolidation Around Key LevelsPEPE is consolidating around $0.00000777, following its rejection near $0.00000806. The price is caught between the upper Bollinger Band ($0.00000798) and the lower band ($0.00000769), indicating a period of low volatility but also potential for a breakout. Recent whale activity, including the movement of 4 trillion PEPE tokens, could provide the bullish momentum needed to break above this range.
Bollinger Bands: Tighter Range
PEPE’s Bollinger Bands are showing a tight range, signaling a potential breakout. The upper band ($0.00000798) is serving as immediate resistance, while the lower band ($0.00000769) acts as short-term support.
RSI and Stochastic: Neutral Bias
The RSI at 53.79 and Stochastic %K at 37.04 suggest neutral conditions, with neither side dominating the market. The RSI-based moving average is slightly higher at 56.46, suggesting there’s room for an upward move if buying pressure increases.
MACD and OBV: Balanced but with Strong Volume
The MACD remains flat, indicating a lack of strong momentum, while the OBV at 251.085T shows that volume remains high, driven by both retail and whale activity.
Support and Resistance Levels
Immediate Support: $0.00000769 (Lower BB)
Immediate Resistance: $0.00000798 (Upper BB)
Major Resistance: $0.00000839 (50-day EMA)
Actionable Outlook: Prepare for Breakout or Retest
Bullish Scenario:
If PEPE breaks above $0.00000798, expect a push toward $0.00000839 or higher, potentially triggering short liquidations and accelerating the rally, as whale activity indicates confidence in an upward move.
Bearish Scenario:
If $0.00000769 fails as support, look for a retest of lower support levels around $0.00000740, as the market might turn bearish without fresh buying pressure.
Action Point:
Traders should set tight stop-losses and watch for breakouts above resistance to ride potential bullish momentum. Conversely, be ready to exit or short if the price breaks below $0.00000769, signaling a move lower.
What is this cunning frog PEPE up to?The development of our previous idea for OKX:PEPEUSDT is simply fascinating:
first a -50% drop, and then a x4 price increase 👇
Let's try to predict something now:
1️⃣ over the previous cycle, #PEPE price gained +2800% compared to other altcoins - this is a lot
2️⃣ for more than three months, the price has been squeezed in consolidation - someone is unloading their positions, but of course someone is buying #PEPE
3️⃣ on the info field, the excitement about memecoins on CRYPTOCAP:SOL has greatly decreased
4️⃣ a lot of retail buyers have bought #PEPE on the highs in anticipation of the next x10, but will they...
5️⃣ memecoins on CRYPTOCAP:TRX are starting to break into the info space (but we are not agitating to buy them, at least not now)
Conclusions:
ℹ️ when and if OKX:PEPEUSDT reaches $0.00001 (+30% of the current price), think about whether to keep the position in full or maybe it's time to fix it.
ℹ️ below $0.000006 CRYPTOCAP:PEPE may be waiting for a total collapse
pepe → just buy and hold ithello guys.
Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern.
First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines.
Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive.
Outlook: If the pattern completes, a strong move to the upside toward the projected third drive target is possible.
Summary
Pattern: Developing "Three Drives" bullish reversal.
Support: The price is near the bottom trend line.
[* ]Potential Move: Anticipating a third drive upward.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Do not miss the opportunity to buy PEPEAn internal pullback is underway from SW H to SW L.
The green area is strong support, we expect price rejection from this area upwards.
There is also a large liquidity pool under the candles that is expected to be swept soon.
Closing a daily candle below the invalidation level 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 : FULL BEAR Mode (⊙_⊙;)PEPE is in the middle of a solid bearish market (According to Wycoff Method Chart Analysis).
With the RSI in the daily under 50, the price continues to be bearish. It is likely that PEPE will retest the next major demand zone, where a potential bounce could be found as buying pressure can be expected on this demand zone.
From a technical indicator perspective, we see a clear flash to "SELL" in the weekly timeframe as the price loses the trendline and the trendline now turns RED.
The price can only be considered bullish once the price starts closing candles ABOVE the trendline, at which point the trendline will turn green again.
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BINANCE:PEPEUSDT
PEPE: Finding SupportPEPE also has experienced significant volatility recently. The price of PEPE has dropped to $0.00000722 amid a broader market sell-off. However, it has found support and is showing signs of recovery from this level.
Key Factors Influencing the Market Crash
Macroeconomic Concerns:
Concerns over the U.S. economy and potential emergency rate cuts by the Federal Reserve have contributed to a sell-off in risk assets, including cryptocurrencies.
Regulatory Uncertainties:
The delay in the listing of spot Ethereum ETFs in the U.S. has created uncertainty and negatively impacted market sentiment, adding to the selling pressure.
Global Market Trends:
The U.S. dollar has strengthened, partly due to the European Central Bank's rate cuts, putting additional pressure on cryptocurrencies as a strong dollar generally leads to weaker performance in risk-on assets.
Technical Analysis
The MACD is bearish but showing signs of neutralization with the histogram at 0.00000011 and MACD line at -0.00000035, suggesting a potential shift in momentum.
The RSI at 50.14 indicates a balanced market, suggesting neither overbought nor oversold conditions.
With %K at 80.23 and %D at 78.26, the Stochastic Oscillator shows overbought conditions, indicating a potential short-term pullback.
Conclusion and Market Outlook
PEPE is currently navigating through significant market volatility with key support at $0.00000722. The technical indicators suggest a cautious outlook, with potential stabilization at current levels. Monitoring the resistance levels at $0.00000704 and $0.00000829 will be crucial for determining the next directional move.
PEPE: Consolidation and Key LevelsThe trading volume is 406.489B PEPE, indicating significant market activity.
Potential bullish trend with the SAR at $0.00001109.
The SMA is at $0.00001201, indicating that the current price is slightly below the moving average, which can be a bearish sign.
The histogram value is 0.00000003, MACD line is 0.00000001, and the signal line is -0.00000002, indicating a neutral trend.
%K at 70.48 and %D at 79.41, indicating near overbought conditions.
The RSI stands at 50.77, suggesting that PEPE is in a neutral zone.
Market Sentiment
The market sentiment for PEPE appears to be neutral with potential consolidation. The Stochastic Oscillator indicates nearing overbought conditions, while the MACD suggests a neutral trend.
Potential Market Scenarios
Bullish Scenario:
A decisive break above the local resistance at $0.00001247 could lead to further upward movement, targeting the dynamic resistance at $0.00001522.
Bearish Scenario:
If PEPE fails to break above the local resistance, it could retest the support levels at $0.00001192 and $0.00001137. A break below $0.00001137 could signal further declines.
When to Buy PEPE for Investment
Current Situation:
Given PEPE's current price at $0.000012 and the technical indicators suggesting potential overbought conditions, a cautious approach is warranted.
Optimal Buying Strategy:
Wait for a Pullback: Considering the Stochastic Oscillator indicating near overbought conditions, waiting for a pullback towards the local support level at $0.00001192 could offer a better entry point.
Solid Support Level: If the price drops further, the solid support at $0.00001137 is a strong level to consider for investment. Historically, PEPE has found significant buying interest at this level, making it a safer entry point.
Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips.
Conclusion and Market Outlook
PEPE is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential consolidation in the short term, the neutral MACD and overall market activity suggest room for a breakout in either direction.
Impact of Bitcoin:
It's essential to note that Bitcoin is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including PEPE. Monitoring BTC's price action is vital for understanding potential risks to PEPE's price movements.
pepe → tiny correctionhello guys!
Chart Overview:
- after the price made a symmetrical triangle, it broke the top line
- it is forming a range or rectangle right now!
Trend Analysis:
- Pepe is in compression now
- we can consider an upcoming downward!
Price Patterns:
- There are two potential correction zones within the rising trend:
1. Around the $0.0000107 level.
2. Between 0.0000099 and $0.0000094.
Bullish Trend Confirmation:
- if the range area breaks down it will confirm the downward movement
✎Actionable Insights:
- you can take a risk and enter the short position right now and put two previous area as a target!
- or you can wait until the range breaks down then get a short position until the blue area will be touched!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
$PEPE buy zone to refill your bag before the next moveCRYPTOCAP:PEPE , like all altcoins, is suffering from the CRYPTOCAP:BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price.
In this chart, I identify the supports and resistances. CRYPTOCAP:PEPE in the green box is a good opportunity to buy long with a +30% increase at recovery and potentially more for the end-of-year alt season.
DYOR. This is my personal analysis, not financial advice.
PEPE Token Price SpeculationsBINANCE:PEPEUSDT
The price prediction for Pepe token (PEPE) over the next five days suggests a potential upward trend. According to various sources:
1. Short-term Forecast:
July 7, 2024: $0.000008866
July 8, 2024: $0.000009345 (+1.39%)
July 9, 2024: $0.000009963 (+8.09%)
July 10, 2024: $0.00001072 (+16.31%)
July 11, 2024: $0.00001156 (+25.42%) .
2. Market Sentiment and Influences:
• Current Sentiment: The market sentiment for Pepe token is currently mixed. Despite short-term bullish predictions, some indicators suggest caution due to market volatility and speculative nature of meme coins .
• Factors Influencing Price: External factors such as overall market trends, investor sentiment, and broader economic conditions can significantly influence PEPE’s price movements .
These projections indicate a potentially positive trajectory for Pepe token in the immediate future, with expected price increases over the next few days. However, it’s important to consider the inherent volatility and risks associated with meme coins and the broader cryptocurrency market when making investment decisions.
PEPE wait break S/R📊 PEPEUSDT Chart Analysis
Key Points:
Strong Resistance 💪:
A strong resistance is observed at the 0.00000991 - 0.00001032 zone. This level has acted as a barrier multiple times.
Indicated by the blue horizontal line.
Take Profit (TP) Levels 🎯:
TP-1: 0.00000991 🟢
TP-2: 0.00001032 🟢
TP-3: 0.00001082 🟢
TP-4: 0.00001131 🟢
TP-5: 0.00001208 🟢
Technical Analysis 🔍:
Previous Downtrend 📉:
The chart shows a strong downtrend previously, with the price dropping from around 0.00001313 to the low of approximately 0.00000763.
Current Zone 📈:
The current price is around 0.00000924, close to the strong resistance zone.
The red area represents the risk zone, indicating the potential for a price drop if this area is broken downward.
Potential Upside 🚀:
If the price can break the strong resistance around 0.00000991, there's potential for movement towards the subsequent TP levels.
Given the current position and the strong resistance, breaking this zone could signal a good buying opportunity.
Trading Strategy 💹:
Enter Long Position 🛒:
Consider entering a long position if the resistance at 0.00000991 is broken.
The take profit targets (TP) are sequentially TP-1 to TP-5.
Stop Loss 🛑:
Place the stop loss below the red zone (0.00000897) to limit losses in case of a sudden price drop.
Conclusion 📝:
The PEPEUSDT chart indicates a strong resistance zone. Breaking this resistance can lead to a potential price increase towards the specified TP levels. Therefore, entering a long position upon breaking this resistance and setting a stop loss below the red zone can be a sound strategy.
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
PEPE Rockets Upward: Eyeing Explosive Gains!hello guys.
let's analyze PEPE!
- Current Price: The current price of PEPE is $0.00001177, showing a 3.98% increase.
- Support and Resistance:
- Support Level: The price has recently bounced off an internal trendline, acting as a significant support level.
- Resistance Level: The target price is set at $0.00004128, indicating a potential resistance point in the future.
- Trend Analysis:
- Ascending Channel: The chart predicts an ascending channel, suggesting that the price might continue to rise if it stays within this channel.
- Internal Trendline: The price has reacted quickly to the internal trendline, indicating strong buying interest at this level.
- Pattern Formation:
- Double Bottom: The recent bounce could be seen as a double bottom pattern, which is typically a bullish reversal signal.
- Quick Reaction: The quick reaction to the trendline suggests strong momentum and buyer confidence.
- Predicted Movement:
- If the price continues to follow the predicted ascending channel, it is expected to reach the target of $0.00004128.
- The price might face some resistance along the way, particularly around the mid-line of the channel, but overall, the momentum seems bullish.
- Market Sentiment: The increase in price and the strong reaction at support levels indicate a positive market sentiment. Traders seem optimistic about the future price movement of PEPE.
Key Points to Watch:
- Trendline Support: Ensure the price remains above the internal trendline for the bullish trend to continue.
- Mid-channel Resistance: Monitor price action as it approaches the mid-line of the predicted ascending channel for potential resistance.
- Volume: Increasing trading volume would further confirm the bullish trend and provide additional confidence in reaching the target price.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
PEPEUSDT Good Buy!PEPEUSDT technical analysis update
PEPE has formed a triangle pattern on the 4-hour chart, and the price has now broken the triangle resistance in the 4-hour timeframe. Additionally, the price has broken above the 100 EMA, indicating a potential bullish move in PEPE in the coming days.
Regards
Hexa