PEPE LongPEPE bulls are already to make 150% pump after the correction. We see not only one confirmation of bullish signal. Risk reward 1/3
PEPEUSDT.P trade ideas
Is it last chance to enter?PEPE/USDT Analysis:
Breakout and Pullback:
After sharply breaking out of the falling wedge pattern, PEPE/USDT experienced a necessary pullback. This type of pullback is a common market behavior, often seen as a retest of previous resistance levels now turned support.
RSI Analysis:
The Relative Strength Index (RSI) is currently at the bottom, indicating that the asset is in oversold territory. This typically suggests that selling pressure has been exhausted, and a potential reversal or upward movement could be imminent.
Bullish Wedge and Channel:
We are currently at the bottom of the largest bullish wedge. This pattern, characterized by converging trend lines, often predicts a continuation of the upward trend upon a breakout. As long as PEPE/USDT remains within this channel, it maintains its bullish structure.
Market Outlook:
Given these technical factors, the current position seems to be the bottom. Maintaining the integrity of the channel is crucial for a healthy upward movement. Therefore, it’s reasonable to expect a bullish trend from this point.
Conclusion:
The combination of the falling wedge breakout, the RSI bottoming out, and the current position within the bullish wedge channel supports the expectation of a bullish reversal. As long as PEPE/USDT remains within this channel, the outlook remains positive, signaling a potential upward movement from this level.
PEPE = Bearish Head and ShouldersBearish Head and Shoulders on Pepe. Breakdown of the trendline in white would be bearish, with a potential target of previous lows around 0.00000390. This would correspond almost exactly to the heigh of the "head" to the "neckline".
That would be a ~60% decline.
Pepe is not a frog, it’s gaddamnnn behemoth!
🎙️ Hi, Guys! ✌️
🍸 Today we'll talk about Pepe. Although, to be honest, Pepe speaks for itself. As practice has shown, if you want to sleep peacefully, your best investment should be Pepe 🤡
💭 I think the movement from the beginning of March to the beginning of July is nothing more than a running flat. This type of correction in wave 4 indicates one thing - the significant strength of buyers and the absence of aggressive sellers. The price does not correct deeply because whales who have earned an asset at the bottom are very tempted to sell it significantly higher 🐳
🗯️ I believe that the price of $0.00005 per coin will not keep you waiting long 😎
🏝 Let's try to ride this wave 🌊
Shaka 🤙
pepe → tiny correctionhello guys!
Chart Overview:
- after the price made a symmetrical triangle, it broke the top line
- it is forming a range or rectangle right now!
Trend Analysis:
- Pepe is in compression now
- we can consider an upcoming downward!
Price Patterns:
- There are two potential correction zones within the rising trend:
1. Around the $0.0000107 level.
2. Between 0.0000099 and $0.0000094.
Bullish Trend Confirmation:
- if the range area breaks down it will confirm the downward movement
✎Actionable Insights:
- you can take a risk and enter the short position right now and put two previous area as a target!
- or you can wait until the range breaks down then get a short position until the blue area will be touched!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
$PEPE buy zone to refill your bag before the next moveCRYPTOCAP:PEPE , like all altcoins, is suffering from the CRYPTOCAP:BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price.
In this chart, I identify the supports and resistances. CRYPTOCAP:PEPE in the green box is a good opportunity to buy long with a +30% increase at recovery and potentially more for the end-of-year alt season.
DYOR. This is my personal analysis, not financial advice.
PEPE PUSHES WITH FRACTAL INVERTED H&SWe could see PEPE repeat some good things as we come to a fib support that's "been done before"
- An inverted H&S has formed (or tea cup and handle if you wish) and threatens to reverse us back to the upside, this chart structure looks very familiar to the last move we made to the upside back in April 2024
-A DBW forms on the 5 min TF with the overall downward move hitting a technical support at 0.0000096, signaling a potential trend reversal to the upside.
(Price could push as low as 0.0000094 range to touch our trend line)
-RSI is currently oversold hovering at 17.53, giving us further evidence of a turn around
PEPE Token Price SpeculationsBINANCE:PEPEUSDT
The price prediction for Pepe token (PEPE) over the next five days suggests a potential upward trend. According to various sources:
1. Short-term Forecast:
July 7, 2024: $0.000008866
July 8, 2024: $0.000009345 (+1.39%)
July 9, 2024: $0.000009963 (+8.09%)
July 10, 2024: $0.00001072 (+16.31%)
July 11, 2024: $0.00001156 (+25.42%) .
2. Market Sentiment and Influences:
• Current Sentiment: The market sentiment for Pepe token is currently mixed. Despite short-term bullish predictions, some indicators suggest caution due to market volatility and speculative nature of meme coins .
• Factors Influencing Price: External factors such as overall market trends, investor sentiment, and broader economic conditions can significantly influence PEPE’s price movements .
These projections indicate a potentially positive trajectory for Pepe token in the immediate future, with expected price increases over the next few days. However, it’s important to consider the inherent volatility and risks associated with meme coins and the broader cryptocurrency market when making investment decisions.
PEPE forms DOUBLE TOP with H&S on right peakPEPE has formed a double top, broken through previous low of 0.0000116 and is now retesting from below.
To add fuel to fire, the right top has formed a head and shoulders pattern, with the shoulder line being broken at 0.0000116.
Main technical pivot point for PEPE is set at 0.000009, however should we see the reflection of our double top measurement, we'd be looking at a 0.0000108 - 0.0000106 profit target for a nice little short
PEPE wycoff distribution PEPE been in a sideway for long time and I've just figured out it's wycoff distribution formed UTAD upward..
Wyckoff target have been marked yellow line is the support area where I'm gonna buy
PEPE/USDT Trading ScenarioAfter hitting a new local high of $0.00001726, the price of PEPE entered a prolonged correction, dropping to $0.00000768, a decline of over 55%. In this range, the price found significant interest from market participants and nearly reached the high-volume level (Point of Control, POC), from which it bounced back and attempted to recover. Currently, the asset is in a consolidation phase, and according to the volume profile, interest in this price zone remains. The price might drop further, which could pressure new participants and provide an opportunity to buy at lower prices, closing out losing positions. A downward move and testing of the 200-day moving average appear promising for medium-term entry with the goal of setting a new local high.
PEPEUSDT: BULL FORMATION SHORTER TFHello everyone,
Lets take a quick view on #PEPEUSDT,
PEPE is forming a bull flag formation in 4Hr TF. Currently, it is trading inside the channel and at its support. Taking a long possible here with the setup below.
#PEPEUSDT LONG TRADE SETUP:
ENTRY: $0.0000010862- $0.0000011311
Target 1: $0.0000012493
Target 2: $0.0000014527
Target 3: $0.0000017146
Target 4: $0.0000019416
SL: $0.0000010560
Happy Trading!!
Great Defense ZoneWe found a large support area, we expect a new retest and are considering a long entry."
Pepeusdt trading ideaPepeusdt has successfully reached its impressive, inverted head and shoulders (ISHS) target, demonstrating stability above this significant bullish reversal pattern. Currently, there are indications of potential consolidation in the form of a bullish pennant, further reinforcing the bullish sentiment. If this scenario unfolds as anticipated, our profit-taking strategy will focus on the extended ISHS target and the final pennant target, as outlined on the chart.
It's noteworthy that the primary ISHS target will now serve as a robust immediate support level on the downside. Given the inherent volatility of Pepeusdt, exercising caution and implementing prudent risk management practices are essential. Your valuable insights and opinions on this coin are warmly welcomed for further discussion.
PEPELost momentum on PEPE. Buyers tried to push up but fell and have not created any strong SP area to spot on, and left that swing low with no retest to confirm if it is going to go up. Good luck all.
Here's what's next for Pepe (PEPE) – brief price analysis
The Pepe price has maintained significant strength since the start of the year and despite a rise in bearish activity, the token seems to have found a strong base. Hence, the bulls may remain slightly passive for a while, followed by a strong ascending trend.
The recent bearish action has caused the price to drop below the ascending trend line and is failing to reclaim the levels within the ascending triangle. Moreover, the MACD is turning bearish as the levels are about to undergo a bearish crossover, which may trigger a fresh bearish trend. Therefore, if the bulls fail to reclaim the levels above the trend line, then the bears may drag the levels back to $0.00001. Otherwise, a successful rise may place the PEPE price at its apex, which may further initiate a fresh ascending trend.
Pepe: The Golden in Meme CoinPepe - The gold among meme coins.
Pepe looks very bullish. If Bitcoin rises above $70,000, Pepe could show a 5-10x increase.
The 5-day chart also looks very promising. Worth a try.
Entry Price: $0.000012000
Stop Loss: $0.000010710
Once This Resistance Breaks, PEPE Will Fly HighPepe has been trying to break its significant resistance at 0.000013 for almost two months. Overall, we counted seven breakout attempts, all of which were rejected immediately. Just over the last 7 days, Pepe made three attempts to break out.
Given that the overall market has moved sideways recently, there is a considerable risk that Pepe won't be able to hold the current level and dive deeper. Logically, the risk increases with every failed breakout attempt.
However, that should only be short-lived. Once Pepe finally breaks out, we can expect a massive pump. As a rule of thumb, the longer it takes to break out, the higher it can fly.
In this case, I keep my target at the 0.000024 level.
Nevertheless, I won't enter a trade before if the price closes and gets confirmed above the resistance zone.
PEPEUSDT.1DThis technical analysis of the PEPE/USDT (PepeCoin against US Dollar Tether) chart provides a comprehensive view of the market dynamics at play. Here’s an in-depth review of the current chart pattern and the critical levels:
Current Price Action:
PEPE is trading at 0.00001259 USDT. The chart reveals a sequence of bullish and bearish phases, now seemingly poised at a crucial juncture.
Key Levels on the Chart:
Support Levels:
S1: 0.00000780, a significant pivot point in recent trading sessions.
S2: 0.00000595, which has acted as both resistance and support in earlier price movements.
S3: 0.00000379, indicating a lower boundary from past pricing zones.
S4: Not shown but would imply a further significant drop.
Resistance Levels:
R1: 0.00001377, a previous support level that could now serve as a resistance.
R2: 0.00001724, the highest recent price and a psychological barrier.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD is hovering around the signal line, indicating a lack of strong momentum. The slight convergence above the signal line may suggest a budding bullish momentum, but it remains weak.
RSI (Relative Strength Index): The RSI is at 59.04, which is near the neutral zone but trending upwards, suggesting increasing buying interest without yet reaching overbought conditions.
Technical Analysis and Trading Strategy:
The chart presents a scenario where PEPE has bounced off the low support levels and is attempting to break through higher resistance. The current formation suggests a potential bullish reversal if the market sentiment continues to improve.
Buying Strategy: Consider taking long positions if PEPE maintains its level above S1 at 0.00000780, with a conservative target at R1 (0.00001377). A tight stop-loss just below S1 could help manage risk.
Selling Strategy: If PEPE reaches the resistance at R1, traders should watch for signs of reversal (e.g., bearish candlestick patterns, RSI divergence). Taking profits near R1 or holding out for R2 (0.00001724) with a trailing stop-loss can maximize gains while protecting from sudden declines.
Risk Management: Given the volatility and the lower price per coin, position sizing should be adjusted accordingly to manage exposure and avoid significant losses.
Conclusion:
The PEPE/USDT pair shows potential for short to medium-term gains if it can sustain above established support levels and break through the impending resistance levels. The key will be to watch how the indicators align over the next trading sessions, particularly the MACD for momentum shifts and the RSI for buyer exhaustion signs at higher levels. This approach combines technical signals with strategic entry and exit points to optimize the trading outcome while mitigating risk.
PEPE Crypto Watch (Bullish Continuation)PEPE is bullish so the continuation is favored; however, there are bearish retracement targets to watch for.
The Pepe Crypto Price Could Go either Way Amid Mixed SignalsBINANCE:PEPEUSDT has exhibited notable fluctuations over the recent trading sessions, providing a mix of opportunities and challenges for traders. Analyzing the 4-hour chart reveals significant insights into potential price movements, with key support and resistance levels in focus.
Recent closing prices for PEPE have shown variability, hovering around the $0.00001213 to $0.00001261 range. This indicates a phase of consolidation as traders await clearer market direction. The crucial resistance levels to watch are at $0.00001281, $0.00001293, and $0.00001297. A decisive break above these levels could signal a bullish momentum, potentially driving the price higher.
On the downside, immediate support is observed at $0.00001220, with stronger support levels at $0.00001211 and $0.00001199. Should the price dip below these supports, it might indicate a bearish trend, encouraging traders to consider short positions.
The 9 and 20 Exponential Moving Averages (EMAs) highlight a subtle bullish crossover, with the 9 EMA trending slightly above the 20 EMA. This crossover often suggests upward momentum, yet the proximity of these EMAs indicates the potential for sideways movement unless a more pronounced divergence occurs.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator presents a mixed picture. Initially, the MACD line was below the signal line, hinting at bearish sentiment. However, a recent crossover to positive histogram values suggests a potential shift towards bullish momentum. Traders should monitor this closely for confirmation of sustained bullish trends.
The Relative Strength Index (RSI) has oscillated between 52 and 58, reflecting a neutral to slightly bullish sentiment. An RSI above 50 typically indicates buying pressure, yet the lack of extreme values suggests the market is not overbought or oversold.
For traders looking to enter long positions, a breakout above the resistance at $0.00001281 could serve as a potential entry point, targeting subsequent resistances at $0.00001293 and $0.00001297. Conversely, if the price breaches the support at $0.00001220, short positions could be considered, with targets at $0.00001211 and $0.00001199.
It's essential to place stop-loss orders to mitigate risk, ideally below the next support level for long trades and above the next resistance level for short trades.
In conclusion, the Pepe crypto price on the 4-hour chart indicates a phase of consolidation with potential for both bullish and bearish moves, depending on market dynamics. Traders should closely monitor key support and resistance levels alongside technical indicators for informed decision-making.
PEPE - Inverse Head and Shoulders Breakout IncomingHello Guys,
I have just opened LONG on Pepe.
I think this Inverse head and shoulders might have enough power now, to catapult PEPE to new highs earlier than later.
Stay tuned.
Mo CRYPTOCAP:PEPE
Why I Don't Consider Trading Pepe Right Now - Ichimoku Deep DiveWhy I Don't Consider Trading Pepe Right Now — An Ichimoku Deep Dive Into Pepe 🔍
I received a couple of requests to provide some more Ichimoku analyses. I am happy to do so since Ichimoku is one of the most reliable indicator systems available. It can provide tons of insights about an asset, trade signals, and parameters for a successful trade setup.
So, let's dive into Pepe's Ichimoku state of the nation.
💡 Overall, the Ichimoku indicators do not support a trade setup regarding Pepe. However, there are bullish signs that could quickly change the status.
1️⃣ Let's start with a bullish aspect: Just four days ago, the so-called Base Line (blue) crossed the Conversion Line (Gray) to the upside. This is considered a bullish sign. However, since the cross happened below the cloud, it's a rather weak bullish signal.
2️⃣ Pepe is currently fighting to cross the resistance build of Span B (red line) and the cloud simultaneously ( ~0.000012). A close above this level would indicate further bullish momentum, and the second is the previously mentioned crossover.
3️⃣ Let's discuss the bearish signals. The future cloud indicates a bearish forecast (red cloud). Additionally, the space between the sides of the cloud is rather ample, so we can't expect a change soon.
4️⃣ Based on the horizontal movement of the cloud, Pepe does not have a strong trend at the moment. To trade the asset, you want a rising or falling cloud.
5️⃣ Often forgotten, yet so important. The so-called Chikou (orange line) isn't "free" — meaning it is almost at the same level as the price candle. Again, when trading an asset, you prefer this indicator to be above/below the price.
🧵 Summarized
Based on the missing trend and the rather bearish outlook, I would suggest trading Pepe now. To reevaluate this, we need the price to close clearly about the cloud and Span B (acting as major resistance).
BINANCE:PEPEUSDT
