PEPE/USDT Breakout or Fakeout?The price has broken through our LL. Now the question is: is this just a false breakout and will the price actually continue in the buy direction or will it continue in the sell direction after rebounding from the LL? To avoid bad trades, we need to wait for confirmation from the market.
What do you think – will the price continue in the sell direction or is this just a false breakout and it will continue in the buy direction?
PEPEUSDT.PS trade ideas
PEPE/USDT 1H: Bulls Gearing Up for a Reversal!PEPE/USDT 1H Chart Analysis
Current Price: $0.00001528
Market Structure:
Bearish trend with lower highs and lower lows.
Consolidation phase near potential reversal zone.
Smart Money Analysis:
Distribution phase evident after the recent high at $0.000021.
Multiple Break of Structure (BOS) confirmations to the downside.
RSI indicating bullish divergence, suggesting potential reversal.
Trade Setup (Confidence Level: 7.5/10):
Entry Zone: $0.00001500-$0.00001528
Targets:
T1: $0.00001650
T2: $0.00001750
Stop Loss: Below $0.00001450
Market Maker Activity:
Accumulation signals at current price levels.
Selling volume exhaustion indicates a possible shift in momentum.
Discount blocks formed, highlighting a likely reversal area.
Key Observations:
RSI bullish divergence supports a reversal setup.
Smart money appears to be accumulating in preparation for a potential upside move.
Recommendation:
Consider a long position within the entry range, keeping tight stops.
Monitor volume and breakout confirmations for sustained bullish momentum.
Confidence Score: 7.5/10 for a cautious bullish setup.
Pepe - Elliot Wave with Volume ProfileRevised Gartley Harmonic / Elliot Wave(s) with Volume Profile as confluence.
Tracking this as price and time moves on. I'm 99.99% sure that Wave 1234 are correct. Reading along with a book and all the levels match.
The trick is getting the last 5th wave correct!? Why? Because it hasn't played out yet. :D Its easy once its happened already.
The real think, and I dont think its me. "They" dont make it easy. Initially I thought with sceptisism because I read it, that 9 times out of 10 it looks like Wave 5 is truncated but its likely that Wave 5 hasnt played out yet. I think this is the case.
I think were, probably still in the 5th wave. Gartley and levels along with Volume profile to judge the end of the 5th wave.
Side note. Previous post with BTC/USD. Similar but for that asset Wave 2 hasn't played out.
Important to know that I'm only learning.
Thank you
PEPE chart levels to watch PEPE left chart RSI shows when goes below green trendline is time to buy.
Right chart yellow arrows show when daily orange EMA21 goes above yellow MA55 after being below it. These are failed rallies.
Right chart red arrows show when daily orange EMA21 goes above yellow MA55 after being below it. These are confirmed rallies.
We are waiting to see next cross of the daily EMA21 over MA55 and expect a confirmed rally.
Trendline above shows target with yellow fib level major target for parabolic move.
Don't forget to smash that rocket like button!
Pepe Gartley Phase 1Hey guys, emotions are hectic as are mine. Been doing some analysis, in all the excitement this is what I have at the moment. 3 Phases in my opinion. I cant get the charts with the same Layout to show three charts on the same layout at the same time!
So 0.786 large ABC pattern. 0.618. See if we break this level. I don't think it will. Post later the broader picture.
#PEPE: Fundamental Insights & Risk Disclaimer **Description:**
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**Fundamental Insights:**
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**Risk Disclaimer:**
Cryptocurrency trading, including PEPE, involves substantial risk and may not be suitable for all investors. The market is highly volatile, and prices can fluctuate dramatically within short periods. Always conduct your own research and consider your financial situation before trading. Never invest more than you can afford to lose. This strategy is for informational purposes only and does not constitute financial advice.
By combining fundamental analysis with disciplined risk management, this PEPE trading strategy aims to help you navigate the dynamic crypto market effectively. Stay informed, stay cautious, and trade responsibly.
PEPE long Mid-Term IDEAokay so what we can see today is PEPE on the 1D time frame rebouncing from the support level.
info:
PEPE has made a strong resistance/support pattern starting from 2024 January,
which has just been hit again with it seems to be the same reaction as before.
if we can trust that the History will repeat it self then we can expect another 160% move these months.
i am still learning so recommend keeping it in mind for until it hits the resistance and when it breaks enter so you can secure a 60% profit.
PEPE/USDT 1H Analysis: Bearish Momentum ContinuesPEPE/USDT 1H Analysis: Bearish Momentum Continues
Current price: $0.00001605, down 0.19%, reflecting strong bearish pressure.
Support and resistance:
Immediate support: $0.0000155 – potential short-term relief zone.
Key resistance: $0.0000177 – acting as a barrier for recovery attempts.
Recent price action:
Clear breakdown from the equilibrium zone, with price falling through multiple support levels.
Consecutive red candles breached the POL (Point of Loss) level, signaling persistent selling pressure.
Volume profile:
Indicates an ongoing distribution phase, with sellers dominating the market.
Trade setup:
Rated 3/10 for longs – current conditions are unfavorable for bullish entries.
Best to wait for:
A clear reversal signal.
Formation of a double bottom around key support zones.
Market outlook: Bearish sentiment dominates until price reclaims resistance at $0.0000177 or shows signs of accumulation.
What’s your perspective on this bearish structure? Drop your insights below! 📉👀
PEPE Targets $0.00002300: Smart Money Drives Bullish Breakout!PEPE/USDT 4H Chart Analysis (SMC Principles)
Current Market Condition:
Price: $0.00001968.
Bias: Bullish after breaking above the equilibrium zone ($0.00001800-$0.00001900).
Key Levels:
Support:
Discount zone: $0.00001700 (recent accumulation).
Equilibrium zone: $0.00001800-$0.00001900.
Resistance:
Premium zone: $0.00002100 (T1).
Previous swing high: $0.00002300 (T2).
Momentum Indicators
:
RSI: At 65.3, indicating healthy bullish momentum without entering overbought territory.
Hidden bullish divergence : Observed on RSI from recent lows, confirming further potential upside.
Trade Setup:
Entry: $0.00001950-$0.00001970.
Targets:
T1: $0.00002100 (premium zone).
T2: $0.00002300 (previous swing high).
Stop Loss: Below $0.00001800 (to minimize risk).
Risk-to-Reward: Favorable setup with controlled downside.
Confidence Level: 8/10 for continued bullish movement.
Market Maker Activity:
Accumulation: Significant buying occurred in the discount zone ($0.00001700), signaling smart money interest.
Current expectation: Controlled price increases targeting premium zones, with potential minor shakeouts at key levels to test weaker hands before continuation.
Considerations:
Support test: Ensure price remains above $0.00001900 to maintain bullish momentum.
Volume confirmation: Monitor for consistent buy volume near entry and resistance levels.
Resistance reaction: Be cautious at $0.00002100 (premium zone) for signs of temporary rejection or distribution.
This setup suggests a strong bullish continuation to $0.00002100-$0.00002300, supported by institutional activity and favorable market structure.
Pepe ready for breakout for next moveFrom the chart provided, the price of PEPE/USDT is in a consolidation phase, forming a descending triangle pattern. This setup often indicates a potential breakout scenario.
Key observations:
1. Support Level: The price has repeatedly tested the horizontal support zone (around 0.00001089 - 0.00001083), suggesting strong buying interest in this range.
2. Resistance Trendline: A descending trendline is acting as resistance, compressing the price within a tighter range.
3. Volume Decline: A gradual decrease in trading volume supports the possibility of a breakout as the price nears the triangle's apex.
4. Breakout Target: If the price breaks upward, it could target the next resistance level around 0.00002811. Conversely, a breakdown could see a retest of lower levels.
Conclusion: The chart suggests a potential breakout is imminent. Keep an eye on volume and price action near the trendline or support level for confirmation of direction.
PEPE USDT Key Structural Break and Buyer ReactionThe price has broken a key structural level and is currently testing our area of interest, where a reaction from buyers has already been observed. There is potential for the trend to continue in the direction of buying; however, caution is required regarding the possibility of false breakouts, as was the case with the previous lower low (LL). It is crucial to wait for a clear confirmation from the market to validate the direction of movement.