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🌴
PEPEUSDT
PEPEUSDT - at his resistance? Holding or not??#PEPEUSDT.. that coin was boomed in last couple of months.
And now is going to hold his resistance and ready for a drop..
We have upside resistance around 0.00001280
Keep close it and if market hold it then drop expected from here.
Good luck
Trade wisely
PEPEUSDT - UniverseMetta - Analysis#PEPEUSDT - UniverseMetta - Analysis
On D1, the price can potentially form a 5th wave structure; with this implementation, it will be possible to see continued growth. Globally, the goals will be to update ATH and further to the first price level 0.00001876 - 0.00002196
On H4, for confirmation, you can wait for the formation of a 3-wave structure with a retest of the trend line, and consider attempts with a small risk. Local levels 0.00001246 - 0.00001441..
Target 0.00001246 - 0.00001305 - 0.00001441
PEPE: Breakout and Retest!Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
PEPEUSDT has broken out from a descending triangle pattern, suggesting a reversal from the previous bearish trend. The breakout is supported by a retest, and if PEPE maintains the retest level, a bullish rally is likely soon.
Key Observations:
~ Entry Range: $0.00001024 to $0.00001102.
~ Lower Support: $0.00000899.
~ Deviation Range: $0.00000899 to $0.00000991.
~ Moving Averages: The 50EMA stands as resistance for PEPE at $0.00001191.
If the market continues to drop, PEPE is likely to hit the deviation level, followed by a rebound.
DYOR. NFA.
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#PEACE
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%.
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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.
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.
#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 ANALYSIS🚀#PEPE Analysis :
🔮As we can see in the chart of #PEPE that there is a formation of Descending Channel Pattern. #PEPE is consolidating in a descending channel.... currently waiting for breakout the pattern. Incase of successful breakout...... we can expect 50 % bullish wave in coming weeks📈📈
🔰Current Price: $0.00001150
🎯 Target Price: $0.00001743
⚡️What to do ?
👀Keep an eye on #PEPE price action. We can trade according to the chart and make some profits⚡️⚡️
#PEPE #Cryptocurrency #TechnicalAnalysis #DYOR
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 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.
GTAI/USDT 4-Hour Chart Analysis : +20% So far , What's Next ?By analyzing the GTAI/USDT chart on the 4-hour timeframe, we observed that the price entered the expected demand zone right after our previous analysis and increased by 20% to reach 1.1910. Now, the price has re-entered the demand zone, and with support between $1.00 and $1.05, we can anticipate another rally for this cryptocurrency. The next targets are $1.088, $1.19, $1.28, and $1.41, respectively.
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