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PEPE/USDT

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PEPEUSDT.PS trade ideas

PEPE & BONK- Will they make headlines again?Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days. While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature. In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an inverted head and shoulders pattern. This pattern led to a significant surge in the coin's value, resulting in a new all-time high and a gain of around 13X in just three weeks. Following this surge, there was a normal correction that halted precisely at the 50% Fibonacci retracement level. At this point, it's likely that the correction is over, and we could anticipate another upward movement. Considering a similar rise in the future, we might expect another 10-fold increase. BONK: Had also a strong 5X rise at the end of February, followed by a correction after making the ATH that is nicely aligned with the horizontal support. Also here the correction seems over and a new strong leg up could follow. Keep in mind the nature of the coins and trade ONLY what you can afford to lose!!!
Long
by Mihai_Iacob
1
Contraction on PEPEPEPE is contracting heavily here with a reset of the stochastic RSI. I do not normally post about this token as Im not a huge fan of memes. I did enter a position in this a very long time ago and am up heavily, initials + more profits have been secured. My largest barrier for layering out has been that I hold these tokens directly on Ethereum and the gas is killing me. -Short-term we break this wedge to the upside and test the green fib again -long term, PEPE will be the largest meme in the ecosystem
Long
by Apollo_21mil
6
PEPE: Resistance WatchOur technical analysis of PEPE on Binance showcases the emergence of bullish momentum as evidenced by the recent positive crossover in the MACD and an RSI climbing above the midpoint, signaling increasing buying pressure. The trading volume appears robust, adding credibility to the recent price movements. However, price action indicates that PEPE is encountering a strong resistance zone, hinting at a consolidation phase before any potential breakout. Traders should keep an eye on this level as a sustained push above could validate the bullish scenario. It's also important to monitor Bitcoin’s market movements, as a downturn in the leading cryptocurrency may adversely affect the altcoin markets, including PEPE, potentially reversing recent gains. The market presents a cautious optimism for PEPE, with key technical indicators tilting towards the bulls, yet the looming resistance and external market influences call for a measured approach. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
8
PEPE Pullback!Let's try making some money with PEPE going down, That way we can load up more for the actual bullrun! I'm not a financial advisor! But if you follow my charts I suggest you put a tight SL on everything I'll make it simple White line is resistance, you can take profit here and I normally do because it just bounces down and I add more on the way down All green lines are closing targets, the closer they are the higher chance they have of hitting, do this at your discretion, but I'd advise 50% first target and split the rest with the other two line, however there is a risk that it won't go any higher
Short
by SpaceMecha
19