Pepeusd
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.
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.
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✓✓✓ 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
What will be the fate of PEPE?PEPE correction has started from where we entered "START" on the chart.
Several identical waves have been identified on the chart, which appear to be related to a diametric pattern.
From the red range, we expect PEPE to reject towards the two specified targets.
Closing a daily candle above or below the specified invalidation levels will cause the corresponding movements to be violated
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
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 !
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🌴
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/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 is currently in a ranging and bearish trendPEPE is currently in a ranging and bearish trend, continuing its movement downward. It has been moving within a descending channel for quite some time, consistently trending lower.
The scenario suggests another move downward, from where we might see an attempt to break through the top of the channel.
PEPE Trade targets Only for current Holders!!!We have highlighted #Pepe a few times since it burst on the seen.
It has really been a good trading vehicle, good volume and perps.
It's already up 2.5X from the big pattern inverse right shoulder.
It's already smashed the neckline
So charging in now is not recommended.
(if you are lucky and see it retest the neckline by all means)
Having said that if you have been trading it, and building up your investment stack this past year in the Frog coin.
You will be glad to see this log target above the old high!
congrats
Major Shift for #PEPEUSDT: Prepare for a Potential Breakout! Yello, Paradisers! Have you noticed the intriguing shift in #PEPEUSDT? It’s gearing up for a breakout from its descending channel, setting the stage for an exciting potential bullish surge.
💎Over an extended period, #PEPE has meticulously traced the contours of a descending channel. Currently, the price is testing a critical support level at $0.00001075. If the price manages to sustain momentum here, there is a great probability of a bullish ride. However, prudent preparation is crucial. Should the price of CRYPTOCAP:PEPE dip below this pivotal support zone, we may witness a pronounced bearish downturn.
💎In such a scenario, our focus shifts to anticipating a bullish rebound from the lower demand level at $0.00000890. Breaking below this demand level could invalidate the bullish setup and cause the price to drop significantly.
💎Trade smart, Paradisers! If you are serious about trading and care about your capital, avoid reading crypto Twitter. We’ve seen many expert traders fall into the herd mentality because of it. Be disciplined with your trading strategy and keep mastering your willpower. If you just do this, you will already be 80% better than everyone else.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
PEPE SPICY CHARTPEPE Followed my previous setup, but I am not satisfied yet. I was waiting the price to hit the support area at 0...105 and still think we will see the price there probably in the next few hours/days. This can be a good level to enter longs, and I expect a pullback at this level targeting new local highs.
pepe → a 350% profit opportunityhello guys...
let's analyze pepe...
I think pepe is bullish and it will touch the $0.000041 area! but why?
1- the price is forming a rising 3 drives pattern.
2- a predicted ascending channel.
3- an internal trendline formed.
so I believe the price will react to the blue area and then will touch the bottom line of the channel to go the target area ($0.000041)!
___________________________
✓✓✓ 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: Pullback in UptrendTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend. Pull back near $0.000013 support could be a swing trade entry opportunity in Uptrend with +30% upside potential back to $0.000017. Stop Loss at $0.0000110. If price breaks above it's ATH of $0.0000173, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.0000184 (61.80%), $0.0000200 (78.60%), $0.0000215 (100%) and $0.0000266 (161.80%).
Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.000012, then $0.0000092. Nearest Resistance Zone is $0.000015, then $0.0000164.
$PEPE WARNING! Trade analysis and (c) infringement liabilityAfter a successful trade idea with CRYPTOCAP:PEPE , I am updating my trading strategy with this new idea. This chart explains two things:
1) A retracement to the resistance level: Since we have reached the top of the rising channel, it would be logical for some people to take profit.
2) The potential copyright infringement liability and the possible consequences for the meme coin CRYPTOCAP:PEPE :
This is a real liability for this coin and the reason why I would not hold it for more than a week.
When you are investing, you want to avoid losing all your money. Buying CRYPTOCAP:BTC is safe; it will not go to zero. But some cryptocurrencies will, and if you compare with 2021, many billion-dollar projects are now worth nothing.
To avoid losing everything, you have to avoid any coin that has a liability that could drive it down to zero, lead to a delisting, or result in a lawsuit.
What do we know so far?
Pepe the Frog is a cartoon character created by artist Matt Furie.
The CRYPTOCAP:PEPE website is clear that CRYPTOCAP:PEPE was launched without the consent of its copyright holder.
Matt Furie has already filed a DMCA claim against a $4 million Pepe-themed NFT collection on OpenSea, indicating he is not open to making his character public domain.
One year ago, DailyCoin posted an article warning investors that "Pepe’s creator Matt Furie is not a fan of his character’s use in blockchain-based projects. The artist has used his copyright to go after Pepe-themed projects before."
So what can we conclude from that?
A copyright issue is pending with the CRYPTOCAP:PEPE coin, which is a huge liability.
Matt Furie could request the delisting of CRYPTOCAP:PEPE from all exchanges at any time, which would wreck any holder's investment to zero.
CRYPTOCAP:PEPE is an obvious copyright infringement case. Although it is impossible to identify the author of the copyright infringement since they are anonymous, trading, listing, and marketing the coin is illegal.
It would be easy to prove the copyright infringement, win, and then seek compensation from the exchanges. So why not doing it?
It is impossible to solve the issue by giving a percentage of the CRYPTOCAP:PEPE supply to its original author, since it was a fair launch and all the CRYPTOCAP:PEPE coins have been unlocked.
While it is certain that with such success and capitalization, the matter will likely be resolved with huge fines, this will also create real FUD and may force exchanges to stop trading until the lawsuit is resolved, which could take a lot of time.
Conclusion: CRYPTOCAP:PEPE is a liability similar to $LUNA. It can be delisted or halted with just a notice from its author to all major exchanges. Trade with caution. Maybe it is not worth the risk? There are other meme coins that have similar growth potential but are not illegal.
PEPE : All Time High STILL COMING! Here's WhyBINANCE:PEPEUSDT 🐸
I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far.
Assuming that corrective wave 3 - 4 (current wave) retraces as low as point 1 (BUT NOT LOWER), this put's our formula roughly as follows:
It's important to note that Elliot Wave theory follows strict rules, and it's usually a multi-month playout. This means that there might be many weekly candles before finally turning around to complete the final wave 4 - 5.
For a SHORT TERM analysis on PEPE, see here👇:
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