PEPE: Resistance WatchOur technical analysis of PEPE on Binance showcases the emergence of bullish momentum as evidenced by the recent positive crossover in the MACD and an RSI climbing above the midpoint, signaling increasing buying pressure. The trading volume appears robust, adding credibility to the recent price movements.
However, price action indicates that PEPE is encountering a strong resistance zone, hinting at a consolidation phase before any potential breakout. Traders should keep an eye on this level as a sustained push above could validate the bullish scenario.
It's also important to monitor Bitcoin’s market movements, as a downturn in the leading cryptocurrency may adversely affect the altcoin markets, including PEPE, potentially reversing recent gains.
The market presents a cautious optimism for PEPE, with key technical indicators tilting towards the bulls, yet the looming resistance and external market influences call for a measured approach.
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Pepeusd
PEPE Pullback!Let's try making some money with PEPE going down, That way we can load up more for the actual bullrun!
I'm not a financial advisor!
But if you follow my charts I suggest you put a tight SL on everything
I'll make it simple
White line is resistance, you can take profit here and I normally do because it just bounces down and I add more on the way down
All green lines are closing targets, the closer they are the higher chance they have of hitting, do this at your discretion, but I'd advise 50% first target and split the rest with the other two line, however there is a risk that it won't go any higher
Analyzing the Ascending ChannelPEPE presents an intriguing landscape as we delve into the 4-hour chart on Binance. Currently trading at 0.00000860, PEPE appears to be in a classic ascending channel, showcasing a bullish trend that started at the beginning of March.
Current Resistance: The channel's upper boundary remains undefined, as PEPE hasn't met a dynamic resistance that has been tested multiple times. This implies that while we have our eyes set on the last known resistance level, the market is yet to determine a solid ceiling for PEPE's rally.
Trend Analysis: The blue ascending line has been a consistent ally to buyers, offering a strong trend line that has supported the price from the beginning of March. This line serves as a dynamic support, which could be a reliable touchpoint for future price actions.
Bollinger Bands: The price oscillating between the bands, with recent activity closer to the middle, suggests a stabilization period following some volatility.
Volume: At 5.896T, the volume shows there's significant interest in PEPE, which sustains the validity of price movements.
SMA: PEPE is trading close to the SMA, indicating that the price is currently at equilibrium in terms of the average market sentiment over the recent period.
MACD: The MACD line is slightly above the signal line but with the histogram trending downward, signaling that bullish momentum may be waning.
RSI: The RSI at 53.12 suggests that the asset is neither overbought nor oversold, providing no immediate indications of a trend reversal.
In the practical sense, the key things to watch are the reactions to the ascending trend line for continued support and any formation of a clear resistance level. Breaks below or above these could signify a shift in market dynamics.
It is also crucial for traders to keep an eye on volume as a confirmation of trend strength. A continued high volume could indicate sustained interest, while a drop-off might suggest a potential decrease in momentum.
In conclusion, while PEPE's path seems clear in its upward trajectory, the absence of a defined resistance zone invites cautious optimism.
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PEPEUSDT: Break-out Potential BINANCE:PEPEUSDT : Potential Break-out After Strong Week for Meme Coins
Following a fantastic week for Meme coins enthusiasts PEPEUSDT is showing signs of a potential breaking out.
The current price movement could be a setup for a down trend and, neutral trend after downward, as depicted in this image (which is just one of many possibilities).
Why to Watch For:
Will PEPEUSDT continue its upward momentum?
Or will it settle into a Down-trend and neutral trend, as suggested by the image?
Remember: Technical analysis can provide insights, but it's not a guarantee of future performance. Do your own research before making any trading decisions.
PEPE opportunity incoming PEPE's current market movement is caught between two significant levels, making it a crucial time to watch. A strategic entry point could be the 0.618 Fibonacci retracement level, suggesting potential for a buy. However, for the price to reach this point, we'll need to see a significant push in volume to drive it down. Jumping in at its current price might not be wise, as it risks premature entry. Therefore, consider entering long at the 0.618 level to leverage the potential third Elliott Wave, ensuring to set a sensible stop-loss for protection.
For those looking to take a short position, aim at 0, especially if the price shows signs of rejection at these levels. Despite the immediate outlook seeming somewhat positive, it's essential to proceed with caution.
Remember, these are just insights from a non-professional perspective. Always do your research before making trading decisions.
Short Position:
When : Consider shorting between levels 0 to 0.618.
Condition: Only if there's a clear rejection at these levels. This approach is suited for those anticipating a downturn before any potential rise.
Long Position:
When : Enter a long position at the 0.618 Fibonacci retracement level.
Condition: Only if there's significant volume driving the price down to this level, indicating a strong entry point for the anticipated third Elliott Wave. Ensure you set a reasonable stop-loss to manage risk effectively.
PEPEUSD This rally is far from over.Pepe (PEPEUSD) has completed a +760% rise so far from the February 05 2024 Low and based on this chart, it is far from over! In fact as both the 1D MA50 (blue trend-line) and the 4H MA50 (red trend-line) are supporting, this run resembles the rally of April 21 - May 05 2023 when Pepe rose by +2531%. During that rally, the 4H MA50 held and broke only when the multi-month pull-back started.
As a result, we expect the coin to rise to at least 0.000023 (+2531% from the bottom), which would interestingly enough be a Higher High if that indeed evolves into a Channel Up.
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PEPE trade in fake-break📊Analysis by AhmadArz:
🔍Entry: 380
🛑Stop Loss: 354
🎯Take Profit: 406 - 431
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PEPE Potential Correction SoonIf you haven't entered PEPE in the buy area:
Now, at an RSI exceeding 93, it seems we are currently in a massive bubble.
The previous corrections following an RSI surpassing 76 were significant, as you can see in the chart!
Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00000243, corresponding to the 0.618 level
PEPE price. Its starts of growing or will the drawdown continue?Why did most people buy PEPE? What is its value? Probably just to get rich quickly on speculation...
But probably only a few people made money on this growth. And the majority is most likely sitting in a super drawdown and thinking about how to get rid of this "happiness".
This happened before with Doge (2017 and 2021), when the creators themselves said that their coin was a joke and they themselves did not understand why it was growing.
And then everyone started accusing Musk of manipulation as if he was forcing people to buy Doge. No, he wanted to get rich just like everyone else and to do so, he had to sell his coins to everyone at a high price.
Then a similar situation happened with Shiba...
You should always keep in mind the rule: everyone cannot make money in the market. If one participant manages to make money, the other participant pays for it and vice versa. Only exchanges that consistently have their own commission for the "movements" of both parties are in a constant plus.
Now let's think about what to do with PEPE.
Earlier, we read that, of course, in addition to crazy earnings (x375,000 in just 21 days), the "organizers of this hype and pump" around PEPE managed to burn and withdraw hundreds of millions of dollars from the ETH market (for which PEPE was bought).
It is very likely that "they" will want to repeat this procedure. The only question is when and at what price it will start.
If the bottom (2) of the wave has already been reached, then now it remains to make sure that the PEPEUSDT price in the medium term will not be allowed to fall below $0.0000012
If the price goes lower, it is very likely that it will be pushed down to 2.5 times cheaper price of $0.00000050, where you could take a chance to buy this memecoin.
The volatility of the coin is insane, and trading with leverage is strictly prohibited, as the liquidation of the deposit is guaranteed!
The main thing here is to wait for a balanced entry point and buy a little bit for the investment portfolio, and the prospects for future growth are really "fabulous" from 1000% to 5500%
But when it will happen and whether it will happen at all will be a surprise for almost everyone)
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Pepecoin Confirming Inverse Head & Shoulder BreakoutI’m not one to trade random meme coins but in these phases of the bull market people can get pretty lucky on them. Though I don’t trade this coin I wanted to at least chart it when I saw the inverse head and shoulders pattern breaking out. Still plenty of gains left in the current breakout target. *not financial advice*
$PEPE PEPE Cup and handle pattern ... Bullish!!FWB:PEPE Price action has formed a Cup and handle Pattern!
Price is currently: 0.00000096
A bullish break out of handle will find resistance at:
(0.00000*) 108, 140, then (neckline 164-176), 200, 263, 309, 375, 438
#pepe continuous final support: 0.00000066
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: Inverse Head and ShouldersIt looks like an Inverse Head and Shoulders Pattern / Weekly Chart,
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
PEPE for the next BULL RUNBullish Metrics:
Centralized Exchange Deposits & Withdrawals: In the past week, exchanges saw a net outflow of 2,019,507,946,009.11 PEPE (worth $1,916,141.1). Investors may be relatively bullish on the token, opting to buy and transfer it to their wallets for storage. The average withdrawal price for PEPE was $0.000000948815827, which could reflect some investors' holding costs.
Whale Position Changes: PEPE's whale holders increased their holdings by 7.45%, acquiring 6,594,744,948,556.28 PEPE tokens valued at $5,909,287.16. Among them, there are 24 large whales holding 16.58% of the PEPE supply, with a 5.91% change. Additionally, there are 48 small whales holding 6.32% of the PEPE supply, with an 11.72% change.
Tps and SL are clear
DYOR
Not a financial advice
PEPE possible inverse hs on supportLooks like PEPEUSD can find support here. Back in blue box on 0.5 and possible inverse HS on hourly and daily tf's. Invalid if price breaks and flips 0.0xx8 into res. then confirmation of 0.0xx6 level or new bottom, less probable imo. depends on bitcoin bottom around 30k or if goes lower. For bullish case tp's to range highs are in the chart, high one is long term. GL
BINANCE:PEPEUSDT OKX:PEPEUSDT MEXC:PEPEUSDT CRYPTO:PEPEUSD BYBIT:PEPEUSDT
Trade signal | Pepe completed a setup for upto 22.50% pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Previously we caught almost 30% pump of PEPE as below:
Now on a daily time frame, PEPE has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
$Pepe Pepe Adam and Eve Pattern...FWB:PEPE Pepe Price action has formed a Adam and Eve Pattern!
Price is currently approaching neckline Resistance: 0.00000160
A bullish break out of neckline resistance will find resistance at:
(0.00000*) 200, 263, 309, 375, 438
#pepe continuous rejection of neckline resistance will find support: 0.00000108
Pepe setting up for the next pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Previously PEPE pumped almost 54% as below:
Now on a 4-hr time frame chart, PEPE is about to complete a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
PEPE Coin $PEPE - Reclaiming levels FWB:PEPE
Here is what I currently see on this meme coin:
1) Accumulation (yellow) powered the move to break out of the first major resistance level and that area is now smoke in mirrors
2) Reclaim of a second major resistance level that price consolidated at for quite some time with high regard and next to zero deviations below it
3) Reclaim of 100 EMA
4) Current resistance rejected price, and now consolidating at the 618 fib and retesting the previous leg's high
5) Volume range profile showing price likes the current level (green dashed line) and this is derived from market volume, not by me. This is a key area to maintain.
Consolidate a bit more, reclaim resistance above and I think it is game on for this meme digital asset.
V