PEPEUSD trade ideas
$PEPE is working bullishly.CRYPTOCAP:PEPE is working on a breakout. I actually just expect that this will break soon and that we will see a nice outbreak after a retest.
Actually, like all coins, most of them are looking more and more bullish.
After the outbreak, let's see what we can expect from $PEPE. My first impression tells me that Pepe can go x4.
Be kind to the world and each other!
Pepe's analysis updatePepe is now in the second wave of the fifth wave, his last upward wave from the first big wave. I expect a small correction from him. The maximum correction he can have is 50 in weekly time, which is 0.000010.
Considering that the size of the last ascending waves cannot be accurately predicted, but if we consider the size of the third wave, it will be 0.00019
In general, there is no certainty, everything is a possibility, I just hope that I predicted correctly
ConsolidationThe good news for long term holders is that PEPE is currently above the 200 EMA and is consolidating inside of the golden zone of a Fibonacci level on top of a support level. However, there is a possibility that if we get a break out, it might be significant. If a bearish breakout, price action could possibly touch the 200 EMA if price action is positive hopefully to the previous highs.
SELL PEPEUSD for bullish trend reversal STOP LOSS : 0.000028SELL PEPEUSD for bullish trend reversal
STOP LOSS : 0.000028
Regular Bearish Divergence
In case of Regular Bearish Divergence:
* The Indicator shows Lower Highs
* Actual Market Price shows Higher Highs
We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart.....
The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
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$pepeCould look like a total clown here, but there’s a real chance Pepe has topped and money will flow into other products in the eth or sol ecosystems. Incredible run from feb 2024 to now. It dropped 86% last bear, purple box would be that area. Hypothetical. Time will tell
This frog is gonna JUMPHow many bullish Indicators do u want??? Bounced off previous resistance @ .000022.. retested & printed higher low on trendline. zoom out to daily & look at Williams R% u will c consolidation over center line. Rsi looks good. Working on breaking out of symmetrical triangle. Then retest. Then higher..... I'm buying more!!
PEPE - Weekly Looks Fantastic!Looking at PEPE's weekly RSI price could be gearing up for another massive leg to the upside.
Taking a look at the weekly RSI we are watching for a bounce from the 70 level (green arrows). If strength can bounce off of overbought conditions, we could see a "euphoria" leg for PEPE.
PEPE Goes Sideways as Whales Devour ProfitsWith huge ocean waves swirling red, this week saw COINBASE:PEPEUSD primarily going either down or sideways, as celebrating Whales drove millions through PEPE’s money machine to create negative outflows in the tens of millions during a single 24hr period. We might need to wait till the Whales can’t eat anymore, until there is another breakout to higher levels. The market continues to be high volume on a daily basis, with an unknown number of Whales hiring on COINBASE:PEPEUSDC as a management consultant to point their BTC100 rewards in a positive direction. As the date of the American presidential inauguration grows nearer, our friend PEPE rides hand in hand with the unofficial vice president into a glorious future.
PEPE - Successful Retest
This is an update to our last post. In our last post we pointed out how PEPE was preparing for a break of the bull flag. Price broke out and came back down to retest the trendline. So far price has successfully flipped that old level of resistance into a new level of support!
PEPE is currently filling out the final shoulder in a IHSAn inverse head and shoulders is becoming apparent on PEPE.
This is one of those most solid meme coins. I could go into it more but to boil it down, its the meme coin of the people.
Price target is like double or something?? IDK
Hitting New ATH, PEPE Action ContinuesAfter hitting a new ATH overnight, COINBASE:PEPEUSD experienced a tumultuous day with huge volume trading and a Coinbase incident that nearly crashed the Advanced Trading platform.
BTC Whales celebrating the 100k milestone have jumped eagerly into meme and alt-coin markets, driving up the action, but also creating huge volatility and high risk for inexperienced traders who are flocking to crypto markets now and in the near future as mainstream adoption continues to grow.
Our friend COINBASE:PEPEUSD has only benefited from the wave of excitement about the US economic recovery after the newly elected American president has popped multiple positive signals which indicate a very positive improvement in the regulatory stance of American government institutions in the incoming administration.
Let’s celebrate the rise of COINBASE:PEPEUSD & BTC100 together! Have fun and good luck trading this week.
$PEPE BOUNCE OFF 38% FIB LEVEL FOR THE THIRD TIME Hope this can help you guys add on to your own analysis.
Remember this is not Investment advice just insights into my own perspective of this company's future price direction.
Remember follow the big money to make big money.
peace and love!
$PEPEUSD 3RD BOUNCE FROM FIB 38% LEVEL?Hope this can help you guys add on to your own analysis.
Remember this is not Investment advice just insights into my own perspective of this company's future price direction.
Remember follow the big money to make big money.
peace and love!
swing strategy generated by chatgptThe Swing Strategy is a trading approach designed to capitalize on short- to medium-term price movements within a market. This strategy identifies opportunities where prices exhibit significant reversals or trend continuations, allowing traders to enter positions at opportune moments and exit as the momentum shifts.
Key Features:
1. Trend Identification:
• The strategy leverages moving averages to detect market trends and their reversals, focusing on price behavior around dynamic thresholds.
2. Dynamic Thresholds:
• Thresholds for buy and sell signals are dynamically calculated using metrics like ATR (Average True Range) and moving averages to adapt to market volatility.
3. Entry and Exit Points:
• Buy Signal: Triggered when prices cross below a calculated buy threshold or exhibit upward momentum after a stable reversal.
• Sell Signal: Triggered when prices cross above a sell threshold or when downward momentum signals a trend reversal.
4. Flexibility:
• Can be applied across various asset classes and timeframes, making it suitable for equities, forex, commodities, or cryptocurrencies.
5. Risk Management:
• Incorporates stop-loss and take-profit levels based on volatility and historical price patterns, minimizing losses and securing gains.
Objective:
The Swing Strategy aims to optimize returns by capturing the most profitable segments of price swings while avoiding market noise and overtrading.
Pepe - On the Verge of a BreakoutThis is an update to our previous post:
After confirming our previous ATH as a new bottom PEPE has move up nicely. We have formed two patterns that could signal a massive breakout is coming.
The first pattern is the dotted purple line. This was a downwards sloping parallel channel that has already played out. We had the breakout followed by a perfect retest. This should signal continuation higher.
Although that pattern is in a much larger pattern. We see some sort of triangular flag pattern forming (black trendlines). If PEPE breaks to the upside, it will be very easy for it to create a new all time high. If PEPE breaks to the downside it will retest the low again.
This is a more bullish pattern so the breakout is more likely than the breakdown.
PEPEUSD - Another Move UpPEPEUSD is in the process of its third strong move upwards
I'm not exactly sure of the % increase we will see but its happening.
Moves up are in the white rectangles
Meme coins are very volatile.
Daily chart
PEPE Is Falling, Should You Invest?Lets break down CRYPTO:PEPEUSD on the Daily Chart!
After Robinhood & Coinbase listed CRYPTO:PEPEUSD on their platforms, we see the accumulation of Trading Interest rise which helps push price up, breaking the Highs of May!
Since having created the Higher High @ .000025676, Price has been falling and seems to be creating a familiar Bullish Pattern called a "Falling Wedge", formed by Lower Highs (Falling Resistance) into Lower Lows (Falling Support).
Wedge Patterns are considered Continuation Patterns so given the Uptrend move prior to the formation of the pattern, we can suspect Price to Continue Higher after a Bullish Break of the Falling Resistance!
The Retracement or Pullback to the 50% Fibonacci Level while Price is in the Consolidation State of the Pattern typically suggests the Pullback has ended. The 50% Fibonacci Level or .000016697 sits right in the middle of the Support Zone established by the May Highs.
The Last Low @ .000017309 just missed the May High @ .000017223 and the 50% Fibonacci Level, so with Price still trapped by the Falling Resistance, we could see more Downside for CRYPTO:PEPEUSD before getting the Confirmation of Pattern with the Bullish Break!!
Based off the Extension from the Lower Low @ .000007718 to the Higher High @ 000025676 giving us a .000017958 or 232.68% Increase, we can derive that a .000038 Potential Target with a Valid Bullish Break is possible!
Indicators:
- Price Trading Above 200 EMA
- RSI Above 50
- BBTrend Printing Green Bars
- DSR Aligning with 50% Level
PEPEUSDWaiting for daddy ETH to move and will follow , consolidating for a while in those levels.
Add on your watchlist and DYOR
PEPE...Is there a trade here? Interesting price action. A move down is most likely but break move means an EPIC winter. I hold for now.
PEPE in trouble?granted this is a one hour chart, however, there could be a head and shoulders top in the making which would equate to a 20% move lower, give or take. something to keep an eye on over the next few hours.
stay safe, not trading advice
tjg
