PEOPLEUSDT trade ideas
PEOPLE Holder targets!PEOPLE also has a change to grow... being marketed as a people's coin.
What Is Constitution DAO (PEOPLE)?
Constitution DAO was an experiment that has now been dissolved. In November 2021, a group web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group managed to raise well over $40 million in ETH, it ultimately fell short and was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.
Constitution DAO announced that it would disband after its unsuccessful grassroots attempt to buy one of the most valuable and iconic documents in U.S. history. All donations are being refunded.
PEOPLE target 0.0174h time frame
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PEOPLE is creating a potential bottom head and shoulders, the right shoulder hasn't been created until breaking above 0.017, so we can set up a trading plan here to gain great risk to reward ratio, and if PEOPLE break out the long-term downtrend line, there are higher targets at 0.021 and 0.025.
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TP: 0.017 / 0.021 / 0.025
SL: 0.0106
PEOPLE/USDT It required Break the resistance to continue move !!💎 PEOPLE has undeniably garnered significant interest in the market with its recent breakout from a key supply zone, often associated with a consolidation phase, signaling a potential continuation of its upward trajectory.
💎 Currently, PEOPLE is encountering resistance at the $0.01360 level, a threshold that has proven challenging to surpass as evidenced by multiple rejections. Each attempt to breach this resistance has been followed by a retreat to the demand zone for a retest, a process that aims to gather the necessary momentum for a successful breakout.
💎 Should PEOPLE manage to decisively overcome the $0.01360 resistance, it is likely that we will witness a substantial upward move, the probability of the price toward the anticipated supply zone target.
💎 On the flip side, a concerning scenario would unfold if PEOPLE revisited the demand zone without showing signs of a bullish reversal or bounce. Such a development could indicate an inability to sustain the demand level, potentially leading to a breakdown below this area. This bearish turn of events would significantly increase the likelihood of PEOPLE reverting to a more pronounced support zone.
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• 👉 Leverage: 5x ISOLATED
• ⎿ Target 5 : 0.0168 150.15%
• ⎿ Target 4 : 0.0154 96%
• ⎿ Target 3 : 0.0143 53.4%
• ⎿ Target 2 : 0.0138 34.05%
• ⎿ Target 1 : 0.0132 10.85%
• ⎿ Entry : 0.01292 - 100%
• 🚫 Stop: 0.01166 (-48.75%)
Feel Free to just trade on Spot if you're a starter! This way you win either way ^.^
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Hey People Are You Ready To Trade PEOPLE?**Fundamental Analysis**
Peoplecoin is a decentralized cryptocurrency that was created in 2022. It is based on the Bitcoin Core codebase and uses the same proof-of-work consensus mechanism. Peoplecoin has a limited total supply of 21 million coins.
**Recent News**
* On October 25, 2023, Peoplecoin announced the launch of its new mainnet, which includes a number of improvements, such as faster block times and increased scalability.
* On October 26, 2023, Peoplecoin announced a partnership with the Bitcoin Foundation to promote the adoption of Bitcoin and other cryptocurrencies.
**Disclaimer**
Investing in cryptocurrencies is a risky activity. Prices can be volatile and investors could lose their entire investment. It is important to do your own research before investing in any cryptocurrency.
**Short Version**
Peoplecoin is a new cryptocurrency with a limited total supply. It recently launched a new mainnet with a number of improvements. Investing in cryptocurrencies is risky.
PEOPLE/USDTPEOPLE/USDT 1hr
People has been in a up trend this week showing good order flow on the 4hr and 1hr.
Waiting for it to hit the 6hr order block with a 15m change of character to take a trade
running back up to target the weak high.
Daily Order Flow:- Bearish
4hr Order Flow :- Bullish
1hr Order Flow:- Bullish
15min Order Flow:- Bearish Currently
Trade has Displacement aka Imbalance to fill
Wait for 15 min to turn bullish in the POI
Wait of price to be in Discount Below 50% Fib
This is Not financial advice just my own personal opinion.
PEOPLEUSDT → A break of resistance opens up the new range BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened
As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a small influx of assets. Our attention is drawn to PEOPLE. The price breaks the wedge resistance and continues to form a consolidation in a weak market. Finally, the coin breaks through the key, for now, level of 0.01022. Consolidation of the price above the level will form a bullish potential, which my move into the phase of realization and within the medium-term perspective PEOPLE / TetherUS can reach 0.01433 and 0.0185. Altcoins have been strongly consolidating their energy lately, something may happen soon.
Support levels: 0.01022, 0.00846
Resistance levels: 0.01433
I expect the price growth to continue after consolidation above 0.01022 level.
Regards R. Linda!
📊#PEOPLE bottom build head-and-shoulders model, upside coming❓🧠We have finally moved out of the compression triangle formed by the downtrend line after more than a year of adjustment, and we have constructed a head-and-shoulders structure at the bottom, and now we have broken through the neck line position, and a possible big burst is coming.💥🚀🌕
Let's see👀
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