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PSGUSD

PSG/USDT Main trend. Wedge. 21 11 2023Logarithm. Time frame 1 week. 🔵 The main trend is a descending wedge , we are in the final phase of its formation. There has been no breakout (trend break) yet. It is quite possible we are in the minimum price zone of the trend. From a cyclical perspective, we are (the phase of hypothetical peak capitulation can be ignored). As a rule, such altcoins never repeat their highs for obvious reasons (if they do, it's a few out of hundreds, remember that). 📊 Adequate target (with 90% probability to be reached this mid-range of the long-term formation or slightly above). So a perfectly adequate target is +500%, primarily for those for whom trading is "none of their business". Buy and forget for a few months or half a year. To increase money in 5 times without absolute waste of time and news monitoring as for me for such good solutions. If people hustle in trading, they may not even get what the market “gives”. That's a fact. 📊 Profit can be significantly increased if trade every impulse after the breakdown of this downtrend . That is, the entire timeframe of the participation phase, which is the price movement of the entire year 2024 to the 2025 distribution zone (trend highs, reset phase). 💰 It is worth noting that the fattest earnings are always on trend reversals, i.e. on the breakout (breaking through it). ⚠️ The psychology of people's behavior is always the same: 1) Expensive - always buy eagerly , the next "promising"... 2) Cheap - waiting for it to get cheaper (e.g., now -94% off price highs). Never catch trend lows as well as highs. 3) Trend reversal and momentum +82% - hamster action is canceling "lower" orders and buying "to make time" already relatively expensive. This is how reversal impulses are prolonged. The lower the liquidity, the higher the slippage in % price expression. 4) Real hamsters , who are used to constant price declines, wait for cheapness even after a reversal. If it does occur on capitulation, the price often underperforms previous lows. They have zero reaction. Price even lower - capitulation of expectations. They are already then afraid to buy, even something below the expected price. They will probably similarly buy another similarly "promising" crypto coin in the distribution area, but with a different ticker name. The sansara of stupid money repeats itself . 5) 2024 participation phase - i.e. attracting traffic and connecting the crowd to the trend development. Increase in overall market capitalization. Revival of hope. 🔴 📉 The chart showed the range of the capitulation zone , meaning price is now and below the wedge formation (unlikely) in the event of some force majeure event that affects the entire market. You just need to always keep this in mind and plan for it in your mani management, even if you don't believe in it. 20-30% of USD entry or profit if you are a riskier client. Line chart . Simply a classic of technical analysis. Secondary trend and reversal zone of a long-term trend.
Long
by SpartaBTC
4
💥PSG CONSOLIDATION - TARGET AT $18🚀Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As explained in my last post. I explained why psg will range for a while before taking up again. Click here if you haven’t sent it👇 Psg has been consolidating between $12 and $14. And we have price gradually heading toward $14. Drop your opinion in the comment section. What do you think will happen when Psg hit the resistance at $18??… breakout from consolidation or fall back to support at $12?? Share your opinion in the comment section✍️ Follow me to receive more updates on PSG (PSGUSDT ) 🤗 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
💥PSG TOKEN - WHY YOU SHOULD HOLD😋Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As explained on the chart, psg fan token do through the accumulation phase before a pump and this consolidation takes time (probably a month or two). After the fall to the lower trendline, the first accumulation happened within December 2020 & March 2021… Followed by the second accumulation that happened within May 2022 and July 2021 which took price to a new ATH at $61 Where I predicted a fall back to the current zone. Price is at the current accumulation phase that started in November 2021 and it’s still ongoing. An upward breakout from this consolidation/accumulation phase is expected to take price to a new ATH around $70. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on PSGUSDT ( PSG FAN TOKEN ) 🤗 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
7
UPDATE: PSG UP 404% after bull signal - Another 291% to come? 🚀Please Like or Follow if you enjoyed this content. UPDATE: My "Supertrend Ninja" indicator predicted two life changing pumps in March (403%) and July (293%) 2021. It also predicted two big drops (in purple) of -63% and -56%. Currently the price is finding resistance from the previously starting point of the big bull run of July 2021. Getting back to previously two all time highs, means a whopping potential of 291% gain. The "Supertrend Ninja" hasn't turned green as of yet. But it's only a matter of time. Then again a small drop to 13.40 USDT before another bull run, would not surprise me either. I like this one a lot. The risk to reward for this one is very favorable. Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended. Thank you for reading. Namasté 🙏 What Indicators Do I Use: In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop. Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. Twitter
by Kch28
2
💥PSG NEXT MOVE - TO FALL TO $17, THEN L0NG TO $65Please support this idea with a LIKE👍 if you find it useful🥳 As seen on this chart, we have the diverging triangle pattern here with three resistance zone and two (2) credible support zones. Price rejection at the third resistance zone will make PSG price to fall within $14 - $20 before rising again. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on PSG TOKEN (PSGUSDT) 🤗 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
24
💥PSG CLUB TOKEN - TO RISE BY 340% - 400% TO $60 & $70Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ This idea is a continuation of the first psg analysis done on the 14th August, 2021. As indicated on the post, I forecasted for price to fall within $14 & $20 from $39.671 and it obeyed the idea. Price is back to its accumulation zone where I urge investors to pull in within 13 & $18. Thereafter, I expect a bounce back by 340% - 410% to $60 & $70. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on PSGUSDT (PSG CLUB TOKEN) 🤗 Happy Trading💰🥳🤗
by PetrockFxTrading
12
Paris Saint-Germain Fan Token (PSG)PSG/USDT has Momentum. A Fan Token for Paris Saint-Germain Football Club on Chiliz Chain. 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. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts