PEPE - DOWNTREND, another DUMP coming 📢📢 PEPE-USDT📢
PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting.
Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles back:
When we start to trade UNDER the green trendline, the price turns bearish and the trendline will now become red. For now, at least, it seems as though altseason may be over.
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BINANCE:PEPEUSDT
PEPEUSDT
BONK - FAKE TRIANGLE PATTERN ! Be aware HAMSTERS 🐹!!!BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing trend.
Downward Breakout and Imbalance:
BONK has recently experienced a downward breakout from the symmetrical triangle pattern. This breakout suggests a potential shift in momentum towards the bearish side. However, it is important to note that false breakouts can occur, and further price action is needed to confirm the breakout's validity.
Unfilled Imbalance:
Within the symmetrical triangle pattern, there is an unfilled imbalance zone between $0.55 and $0.60. This imbalance represents a price area where there is a higher concentration of sell orders compared to buy orders. Imbalances can act as magnets, pulling the price towards them to fill the excess orders.
Potential Retest and Bullish Breakout:
Given the downward breakout and unfilled imbalance, two scenarios could unfold:
1. Retest of 0.5 Imbalance Level:
The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $0.575. This retest could serve to shake out weak hands and accumulate liquidity before a potential reversal.
2. Breakout of Symmetrical Triangle:
If the price can hold above the 0.5 imbalance level and reclaim the symmetrical triangle pattern, it could signal a resumption of the uptrend. A potential target for the breakout would be the $0.70 resistance level.
Significance of False Breakouts:
False breakouts of symmetrical triangles are often considered bullish continuation patterns. This is because they can shake out weak hands and trap liquidity on the wrong side of the market, potentially fueling a subsequent breakout in the opposite direction.
Overall Outlook:
BONK's price action suggests a potential breakout from the symmetrical triangle pattern, with the possibility of a retest of the 0.5 imbalance level before a potential bullish continuation. While a downward breakout has occurred, false breakouts are common in this pattern, and further price action is needed for confirmation.
PEPEUSDT.1DOn the daily chart for PEPE (PEPE/USDT), we can observe that the price action is confined within a descending channel pattern, highlighting a downtrend with lower highs forming along the resistance line. The current price is near $0.0000745.
The chart shows resistance (R1) at approximately $0.0000946. If the price were to break above this level, it could signal a potential shift in market sentiment, possibly leading to a trend reversal. Support (S1) is set around $0.0000387, suggesting a critical level where the price has previously found buyers.
The RSI is near neutral at 56.23, indicating that the market isn't in an overbought or oversold condition. The ADL (Advance Decline Line) indicator shows a slight incline, which could be interpreted as accumulation despite the price decline, but this requires further confirmation.
Traders may consider looking for buy signals if the price approaches S1 and shows signs of a bounce, potentially targeting R1 as an initial take-profit level. Conversely, a break below S1 could suggest further declines and might be taken as a bearish signal. As always, confirmatory indicators and volume should be taken into account to validate any potential trading signals.
Trending Up or Correcting Down?"PEPE is in an interesting position on the 1-hour chart. It's in a slow uptrend and has recently pushed past a key resistance level that had been keeping the price down. This move up is backed by high trading volume, which signals strong interest from traders.
The technical indicators, when taken together, show a market that’s cautiously optimistic. The Bollinger Bands suggest some volatility with room for the price to move within the current range, and PEPE is managing to stay above a key moving average, a typical sign of bullish behavior. The MACD indicates a neutral momentum, meaning there's no strong push in either direction right now, so the price could swing either way.
However, the Stochastic Oscillator hints at the possibility that the recent price rise might cool off a bit, as it's not signaling a clear continuation of the uptrend. Similarly, the RSI is neutral but leaning toward bullish, suggesting the uptrend could go on but maybe not with much force.
Putting all this together, PEPE looks like it's trying to establish a new, higher price range. Traders might be expecting the coin to stabilize above the level it’s just passed, but the mixed signals from the indicators suggest it’s a delicate balance. A further price increase could happen if the market gets more bullish news or sentiment to drive it, but there's also a chance of a slight pullback to test the new support level before any significant move up.
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PEPE: Wait-and-seeThere’s a clear pattern of the price touching these points and reacting to them. Recently, the price dipped below what we thought was a solid floor, or support level, but then it made a comeback, rising above it again.
The extra tools we use to predict where the price might go next are giving mixed signals:
The MACD, which helps us see the momentum, is almost flat, meaning there's no strong push in either direction right now.
The volume, which shows how much PEPE is being traded, is pretty steady – nothing unusual there.
The price is currently below the simple moving average (SMA), hinting that the trend might be more down than up.
The Bollinger Bands, which help us understand if the price is moving a lot or a little, are not squeezing or expanding too much. That means we’re not expecting any sudden jumps or drops.
The Stochastic and RSI are like thermometers for buying and selling pressure. Right now, they’re in the middle, not showing any extreme heat (buying) or cold (selling).
So, what’s the bottom line? The market isn’t showing a clear direction for PEPE at this moment. It’s more in a wait-and-see phase. It could swing either way, and we’ll need more clues from the market to see a solid trend.
CRYPTOHOPPER WEBHOOK PEPEUSDT 45MIN RSI WITH CONDITIONS STRATEGYRSI Strategy with EMA and VWMA Conditions
Objective
This trading strategy leverages the Relative Strength Index (RSI) in combination with the Exponential Moving Average (EMA) and the Volume Weighted Moving Average (VWMA) to identify potential buy and sell signals for trading cryptocurrencies on the Cryptohopper platform.
How it works:
Buy Signal: A buy signal is generated when the RSI crosses above the user-defined lower threshold and the EMA (9) is above the VWMA (20).
Sell Signal: A sell signal is generated when the RSI crosses below the user-defined upper threshold.
Indicators Used:
RSI: A momentum oscillator that measures the speed and change of price movements.
EMA (9 period): A moving average that places a greater weight and significance on the most recent data points.
VWMA (20 period): An average that also accounts for volume, giving more weight to periods with higher volume.
How to Set Up Alerts for Webhooks:
To create alerts that can be sent as webhooks to Cryptohopper, follow these steps:
Apply the script to your TradingView chart.
Click on the 'Alerts' icon on the right-hand side toolbar.
Choose the script from the dropdown in the 'Condition' field.
You will see two options: "Buy Alert for Webhooks" and "Sell Alert for Webhooks".
Select the desired alert condition.
In the 'Options' section, set the alert action to 'Webhook URL'.
Enter your Cryptohopper webhook URL into the 'Webhook URL' field.
Configure the alert message according to the format required by Cryptohopper.
Save the alert.
How Alerts Are Generated:
The script will continuously monitor the chart based on the conditions you've set.
When a condition for either a buy or sell signal is met, TradingView will trigger the alert.
If set up for a webhook, TradingView will send an HTTP request to the specified webhook URL with the message payload.
Disclaimer:
This script is for educational purposes and should not be taken as financial advice. Trading cryptocurrencies carries a high level of risk, and you should do your own research or consult a financial advisor before making any investment decisions.
PEPE ANALYSIS🔮 PEPE Analysis - Breakout Trading 💰💰
🌟🚀 #PEPE was trading in a Bullish Flag Pattern in daily time frame and breakout the pattern. We can expect a long rally as a retest has been done already #PEPE.💲💲
🔖 Current Price: $0.00000785
⏳ Target Price: $0.00001081
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEPE #Cryptocurrency #Breakout #DYOR
💎 GTAI/USDT : Another Bullrun ahead ? By checking the GTAI/USDT chart, we can see that the price increased by more than 20% after last week's analysis, and then started to price correction again! Watch the demand range of $1.60 to $1.77 for re-entry!
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
PEPE/USDT READY TO LIFT OFF!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this PEPE/USDT trade setup.
Breaks out from the falling wedge-like structure, a retest is also done and is now ready to go upside. Buy some here and add more in the dips.
Target:- 70-80%
SL:- $0.006
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Also, share your views in the comment section.
Thank You!
pepe → don’t get is now!hello guys...
as you can see this coin is on the descending channel and it would touch the bottom line of it! on the other hand, this coin broke the rising wedge down! so it is obvious it wanna touch the target of the pattern!
the price reacted to QML very well! so we can consider this coin will be on correction until the green area!
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PEPE Moving to new highsPepe is looking strong and we can see a clean bullish trend. After the break of the main trendline, price make an interesting pump and looks like is not ready to stop yet. $0,..8 is a strong resistance area and i expect a possible pullback there, till $0,..65. This support level is where i will look to enter long waiting for new highs.
PEPE: Repeating Pattern and Bullish Breakout PEPE appears to be repeating its pattern on the daily timeframe, forming significant liquidity above the range without making new local highs and shaking out the lower range boundary. This pattern suggests a potential breakout to the upside.
The Repeating Pattern:
In the past, PEPE has exhibited a pattern of forming liquidity above the range without making new local highs and then shaking out the lower range boundary. This pattern often precedes a significant breakout to the upside.
Current Price Action:
PEPE is currently trading within a range on the daily timeframe. The price has recently made several attempts to break out of the range to the upside, but each attempt has been met with selling pressure. This suggests that there is significant liquidity above the range that needs to be absorbed before a sustained breakout can occur.
Shakeout and Bullish Breakout:
The recent price action also includes a shakeout of the lower range boundary. This means that the price briefly dipped below the range, liquidating stop-loss orders of traders who were expecting a continuation of the downtrend. This shakeout can serve to strengthen the support at the lower range boundary and provide fuel for a subsequent breakout.
Fractal Trading:
PEPE's price action appears to be following a fractal pattern. Fractals are repeating patterns that can be found at different scales in financial markets. This suggests that the current pattern is likely to resolve in a similar way to previous instances of the pattern.
Potential Breakout:
Based on the repeating pattern, shakeout, and fractal trading principles, I anticipate a breakout to the upside for PEPE. The breakout could occur once the price absorbs the liquidity above the range and confirms support at the lower range boundary.
Target Price:
A potential target price for the breakout is the previous local high, which is around $0.20. However, if the breakout is strong, the price could move even higher.
PEPEUSDT.1DThe PEPE/USDT daily chart shows a cryptocurrency that has been consolidating recently, with the price oscillating around the R1 level at 0.00000809. Currently, it's trading slightly below this resistance level.
The RSI is at 52.11, which is just above the midpoint of 50, indicating a neutral to slightly bullish sentiment. However, the RSI is trending downward, so caution is warranted. The MACD is right around the baseline with a very slight bearish bias, as indicated by the negative histogram.
The support level S1 at 0.00000387 represents a critical point for traders to watch. If the price sustains above this level, it might indicate stability and potential for an upside breakout above R1. If the price breaks below S1, it could signal a bearish continuation.
For the bullish scenario to gain credibility, we'd need to see a strong move above R1, accompanied by an upward RSI trajectory and a bullish crossover in the MACD. As always, it's important to look for confirmation from other indicators and to stay updated on news that could affect market sentiment.
$PEPE BULLISH Bump and runHello everyone, Hope your having a profitable day! Smash that like button and and lets dive into it!
CRYPTOCAP:PEPE
Timeframe: 1 hr
1 week price prediction?
Expecting CRYPTOCAP:PEPE to break $0.000007 and run up to $0.000007356 where it will retrace likely down to $0.000006555 which is where i will be going long again all the way up to $0.00000825
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The bump and run reversal pattern (BARR), discovered by Thomas Bulkowski, is a chart pattern that occurs when there is a sharp rise or fall in the price of an asset due to excessive speculation and volume spike. This pattern consists of three distinct phases:
Lead-In: During this phase, the price trend experiences a sustained period of appreciation. It sets the stage for the subsequent pattern formation.
Bump: The bump occurs when there is a relatively large and impulsive move in the price. In a bearish bump and run pattern, this move is upward, creating a noticeable “bump” on the chart. Conversely, in a bullish bump and run pattern, the move is downward.
Run: Following the bump, the price action reverses rapidly, breaking its trend line. This sharp reversal is referred to as the “run” component of the pattern.
Here are five tips to confirm and trade the bump and run chart pattern:
Angle of the General Trend: Identify a trending stock with an inclination between 30 and 45 degrees on the chart.
Angle of the Bump: The bump should be steeper, reflecting an impulse move. A valid bump typically has an inclination between 45 and 60 degrees on the chart.
Trading Volumes: Pay attention to trading volumes. Adequate volumes are crucial for validating the bump and run formation.
Remember that the bump and run pattern is rare, especially on larger time frames like the daily chart. However, if you spot it, it can provide profitable trading opportunities. Whether you’re trading stocks, commodities, or currencies, understanding this pattern can enhance your technical analysis skills. 📈📉
Thanks, Liquidmex
PEPEUSDTPEPEUSDT was trading under the declining trendline. The price was reacting well the support and resistance of trendline
Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 0.000009500.
What you guys think of this idea?
$PEPE: Triangle Breakout Targeting New Highs?Meme stocks have been consolidating recently, and CRYPTOCAP:PEPE appears poised for a breakout. A bullish triangle pattern has formed on the chart, suggesting a potential move to new highs if confirmed.
Applying Elliott Wave Theory, we can see a potential five-wave impulse move up from the April 5th low. The recent retracement found support at a critical level - the 78.6% Fibonacci retracement of wave (i). This is a significant bullish sign.
While my outlook is bullish, a short-term pullback (around 10%) suggested by the orange line could occur to shake out weak hands before the next leg up.
The key support level to watch is the 78.6% Fibonacci retracement. A break below this level would weaken the bullish case.
So, overall, the technical indicators for CRYPTOCAP:PEPE are bullish. A confirmed breakout from the triangle pattern and continued support above the 78.6% Fibonacci level could take it ttowards new highs.