PEPE Potential DownsidesHey Traders, in today's trading session we are monitoring PEPEUSDT for a selling opportunity around 0.00000950 zone, PEPEUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.00000950 support and resistance area.
Trade safe, Joe.
PEPEUSDT
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 !
Pepe (PEPE) gains stability. What's next?A Whale alert reported recently a massive transfer of 9 trillion PEPE tokens that were valued at $82 million approximately from an unknown wallet to the crypto exchange Bybit on July 10, 2024 in a substantial growth for the meme coin market. This transfer comes amid a price increase for PEPE that happened 2 days ago.
This whale activity has flared assumptions about a potential selloff but some analysts suggest that it could be an internal movement by Bybit. The transfer comes as the PEPE price stabilizes around $0.00000920.
Looking at its technicals PEPE has recently found support after a general crypto market selloff. The meme coin had been in a bearish mode since reaching an all-time high of $0.00001725 on May 27th. It then experienced a 55% pullback after the high finding a horizontal support level at $0.00000763 on July 5th.
The daily Relative Strength Index currently sits at 40 indicating growing bullish momentum as buyers attempt to push prices higher. The 200-day Exponential Moving Average at $0.00000776 provides additional support and therefore create a confluence for a strong recovery potential.
A vital key level to watch is the $0.00000991 high market few days ago. If PEPE price can break and close above the level then it could signal a trend reversal and the start of a recovery phase.
PEPE Price Alert: Key Support and Resistance Levels to Watch!Closing prices for BINANCE:PEPEUSDT have shown a gradual upward trend, with the latest price at $0.00000923. This slight upward momentum is reflected in the exponential moving averages (EMA), where the 9 EMA has consistently stayed just below the 20 EMA, suggesting a mild bullish inclination.
The MACD (Moving Average Convergence Divergence) indicator, though slightly negative, shows a narrowing histogram. This indicates a potential shift towards bullish momentum as the MACD line approaches the signal line from below.
Meanwhile, the RSI (Relative Strength Index) has been oscillating around the neutral 50 mark, currently standing at 50.62, which does not indicate an overbought or oversold condition. This neutral RSI suggests that the market could swing in either direction based on upcoming price actions.
The first significant resistance level is at $0.00000956. If the price breaks above this level, it could signal the start of a stronger bullish trend. Beyond this, the next resistance is found at $0.00000977, which serves as a secondary barrier, and surpassing this point could further validate the bullish momentum. The most critical resistance level stands at $0.00001079, indicating a substantial upward potential if the price can overcome this hurdle.
On the downside, PEPE has notable support levels that provide a cushion against bearish movements. The nearest support level is $0.00000906, which is crucial for maintaining the current price structure. A break below this level might indicate a shift towards a bearish scenario. Another layer of support exists at $0.00000902, reinforcing the importance of the $0.00000906 mark. The most significant support level lies at $0.00000855, where a breach could signal a strong bearish potential, making it a critical level to watch for traders.
Overall, current technical indicators present a mixed but slightly bullish outlook for the PEPE price. The 9 EMA crossing above the 20 EMA would solidify a bullish trend, but caution is warranted as the MACD remains slightly negative. However, the narrowing MACD histogram hints at a potential bullish crossover soon.
For traders considering long positions, entering near the support level of $0.00000906 with a target at the first resistance level of $0.00000956 could be a prudent strategy. If the price breaks above this resistance, holding the position towards the next resistance at $0.00000977 would be advisable.
For short traders, a position taken near the resistance level of $0.00000956 with a target at the nearest support level of $0.00000906 could be strategic. Should the price break below this support, the next target would be the $0.00000902 level, and potentially $0.00000855 for more aggressive traders.
In conclusion, the PEPE price shows potential for both bullish and bearish movements, with key support and resistance levels providing critical points for traders to watch. The slightly bullish signals from the EMAs and the narrowing MACD histogram suggest a cautious optimism for upward movement.
CAN SOL GO PARABOLIC? MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
I posted about SOL crashing the market before it crashed when FTX collapsed , check back on my previous trading view videos
This is potentially forming the same pattern that crashed BTC back into COVID crash . So be on alert but if we can negate this pattern then SOL could go PARABOLIC
PEPEUSDT is approaching an important resistanceHey Traders, in today's trading session we are monitoring PEPEUSDT for a selling opportunity around 0.000001000, Pepe is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.000001000 support and resistance area.
Trade safe, Joe.
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 - 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.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Charts supported by critical fundamentals.
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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Thank you!
#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%.
--
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.