pepepepe technical analysis basically on elliott waves principles
It can have a sharp fall, be careful of your capital
wait and watch
PEPEUSDT trade ideas
PEPE Aims for $0.000022 | 28.05With a rounding bottom reversal in the daily chart, PEPE creates a massive bull run, creating a new all-time high. However, as it ends Monday on a 4.26% positive note, an intraday pullback of 4.25% is visible today.
The pullback undermines yesterday’s jump and warns of a correction spree in the coming days. As per the Fibonacci retracement levels, the meme coin is well established above the 1.618 level and is ready for a retest.
Considering the bulls make a comeback with a successful retest, the PEPE price could surge to the $0.000021 mark or the 2.618 Fibonacci level.
WHITEBIT:PEPEUSDT
PEPE PriceThe Frog-theme based memecoin, Pepe (PEPE) crypto made a fresh ATH (All-time-high) of $0.00001718 and is in strong momentum.
LONG CONSOLIDATION AHEAD FOR PEPEAs you can see we might facing a long consolidation for PEPE, this is needed to shake weak hands and reward the brave one. I would like this scenario for me to accumulate more of this volatile gem. If you believe in this project then DCA is the key. In My Own Opinion, this is very different from Safemoon. Warning, this is not for the weak hands. This is not financial advise and invest only what you can afford to lose.
PEPE Hits New All-Time High, Meme Coin Could Extend GainsCRYPTOCAP:PEPE , a frog-themed meme coin, has reached a new all-time high at $0.00001725 on Monday, May 27. The asset has rallied 81% in the past seven days on Binance, adding 81% to its value. Meme coins have consistently extended gains in the ongoing cycle, alongside a rally in Bitcoin, Ethereum, and other cryptocurrencies in the top 20 assets by market capitalization. Dogecoin ( CRYPTOCAP:DOGE ), Shiba Inu ( CRYPTOCAP:SHIB ), Pepe ( CRYPTOCAP:PEPE ), and Solana-based meme coins have rallied on several occasions since the approval of Spot Bitcoin Exchange Traded Funds (ETFs) early in 2024.
Data from crypto intelligence tracker Santiment shows a massive spike in CRYPTOCAP:PEPE 's active addresses and social dominance between May 20 and 27. Active addresses nearly doubled in the timeframe, and social dominance climbed from 0.81% to 3.55% in the same period. Santiment data reveals that CRYPTOCAP:PEPE supply on exchanges is nearly at the same level as May 20, posting a 0.3% increase between May 20 and 27.
CRYPTOCAP:PEPE has been in an uptrend since April 14, with an impulsive upward move noted on May 20 and 21. The Moving Average Convergence Divergence (MACD) supports CRYPTOCAP:PEPE price gains with green histogram bars above the neutral line, suggesting positive underlying strength in the meme coin's price uptrend. The Relative Strength Index (RSI) reads 78.04, well above the neutral boundary at 70, suggesting that CRYPTOCAP:PEPE could extend gains further.
Traders opening a long position should be cautious while RSI is in the overbought zone on the 1-day timeframe. CRYPTOCAP:PEPE could extend gains by nearly 25% to 127.2% Fibonacci extension of the rally from the April 13 low of $0.00000393 to the May 27 peak of $0.00001725.
PEPEUSDTHi
As you see in the chart we have parallel channels that candles move on them clearly
on the other hand we have OTE + FVG and Order block
so i expect that channel will be break and candles are bearish till FVG in 1h
then we can start Buying from 0.00001502 with a SL on 0.00001478
every 4% save your profit
PEPE - Targeting $0.00002 🌖Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🏹 As per my last analysis, shown on the attached chart, KUCOIN:PEPEUSDT rejected the red zone and traded higher in a parabolic manner.
What's next? How high can PEPE climb?
📈 #PEPE is currently in an impulse/markup phase, and as long as the bulls hold, I anticipate a continuation towards the $0.00002 round number. 🎯
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PEPE Ping that may have wrung in the TOP? eyes on 143kQuick alert that PEPE has just Ping'd a major fib.
Golden fib of many that it has come through so far.
IF there is a top anywhere NEAR here, then THIS is it.
That exact ricochet from the fib is what I call a "Ping".
That comes from "Give me a ping Vasilly, One Ping Only".
That describes it well, like you can almost "hear" the turn.
And my Rule about Pings:
"Not all Pings start a Reversal, but Most reversals Start with a Ping"
If we start pulling back, watch each fib on the way down for clues.
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Bullish MomentumThe ascending channel clearly defines both support and resistance levels. The lower band of the channel acts as dynamic support, while the upper band serves as resistance. Recently, the price has tested the lower boundary of the channel, suggesting strong support around the 0.00001560 level. The RSI is currently near the midline (50 level), testing its moving average. If the RSI bounces off the MA, it could indicate a potential bullish push back up.
Probable Scenario
The market sentiment remains cautiously bullish as long as the price stays within the ascending channel. The price dynamics suggest:
Bullish Scenario: If the price holds above the lower band of the channel and the RSI rebounds from its MA, a bullish continuation towards the upper resistance of the channel is likely.
Bearish Scenario: A break below the lower band of the channel would shift focus to the next key support level around 0.00001500, which could halt further declines.
Outlook
- Most Probable Scenario: Given the current position within the ascending channel and the interaction between RSI and its MA, a bullish continuation towards the upper channel band is likely, as long as the price sustains above the dynamic support.
- Key Levels to Watch:
- Support: 0.00001560 (immediate), 0.00001500 (key)
- Resistance: Upper channel band around 0.00001650 (immediate)
Perfect analysis and strategy, please read carefully!Hello, trader.
The recent breakout of
has been nothing short of spectacular, with the token skyrocketing by over 100%. This impressive surge in value highlights the incredible momentum
has gained in the market. As traders, recognizing the significance of such breakouts is crucial for maximizing profits.
In light of this breakout, it's an opportune moment to consider taking full profits. The rapid increase in price presents a prime chance to capitalize on the gains. While the excitement around
is palpable, prudent trading involves securing profits when the market conditions are favorable.
For those holding
PEPE
, this surge serves as a reminder of the volatile nature of the crypto market. It's essential to remain vigilant and strategic in trading decisions. As always, ensuring a well-balanced portfolio and adhering to a defined risk management strategy are key to long-term success in crypto trading.
This idea is categorized under trend analysis, reflecting the importance of monitoring market movements and making informed decisions based on current trends. Let's ride the wave of
's success and lock in those profits!
Happy trade16:00 2024/5/25
$EPE Tlsbd PlayPEPE - TLSBD PLay - 5/26/24
Confluences:
- Double top
- TLSBD
- Left hand
- MACD
- BB 50
- Bearish HTF
PEPE price still has the strength to do Xs ?)Our last year's target for the PEPE price is still relevant $0.0000146-0.0000157
The only question is: will this growth be right now or after a -50% price correction?
We are ready to enter the discussion in the comments
_____________________
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$PEPE short term trading planFollowing my previous long term trading plan and after we hit all the target, I am publishing a short-term plan. It is clear that trading CRYPTOCAP:PEPE from here will not be a straight line to the moon, so let's prepare to buy and sell when necessary.
Bear in mind that:
- CRYPTOCAP:PEPE is a new coin, making it difficult to chart due to its limited history.
- CRYPTOCAP:BTC can significantly impact this strategy. CRYPTOCAP:PEPE , like other altcoins, is very sensitive to CRYPTOCAP:BTC 's movements.
- I am overall very bullish on CRYPTOCAP:PEPE in the long term; it is a solid coin to hold.
Here are my concerns:
- After a huge pump, there is usually a correction. CRYPTOCAP:BTC is not going to $100k without some hesitation, so many factors could slow down CRYPTOCAP:PEPE 's momentum.
- There is a solid resistance area between 1076 and 1176. We can and will likely be rejected from here.
- The Stochastic RSI on the daily chart is showing signs of a crossover, which could negatively impact CRYPTOCAP:PEPE for a week.
Here are the positives:
- The MACD on the weekly and daily charts is open and growing, which will push CRYPTOCAP:PEPE up compared to other coins for the next month or two.
- CRYPTOCAP:PEPE might be listed on Coinbase Spot, which would be a major catalyst for a price pump.
- CRYPTOCAP:PEPE is gaining widespread attention, and its fans are extremely active.
- CRYPTOCAP:PEPE 's trading volume is higher than Ethereum's, attracting a large number of whale traders.
I see 2 scenarios. They are labelled 1) and 2) on the chart!
This is an opinion, not a financial advice, I might be wrong, so DYOR. Do not use leverage.
Pepe to 0.00001555There is a big selling wall at 1500. Wait for new high at this price point before drop again to 1050 for most profit. Thank me later. Roaring puppy out. Subscribe for latest uproars..
Pepe Rallies 13% Amid Meme Coins Sector Recovery, Price Hits ATHPepe coin ( CRYPTOCAP:PEPE ), a popular meme cryptocurrency, has experienced a significant price surge, reaching a new ATH of $0.00001577. The frog-themed meme crypto has been on a bull run, with weekly gains of over 50% and an over 100% price upswing recorded over the past month. The token has gained significant investor interest and secured the 20th spot on the top cryptos by market cap list. Pepe coin ( CRYPTOCAP:PEPE ) has recently secured the 20th spot on the top cryptos by market cap list, indicating a highly bullish market outlook.
Jwynn.eth, a renowned crypto trader, deposited a staggering 491 billion CRYPTOCAP:PEPE to Binance, one of the world's leading crypto exchanges, to take profits amid the price rally. As of writing, PEPE's price has gained 12.33% in the past 24 hours and is currently trading at $0.00001548. Coinmarketcap data shows that PEPE rallied 53% over the past week, while monthly gains totaled 104.42%.
Mixed sentiments prevailing for CRYPTOCAP:PEPE among investors were illustrated by Coinglass data, with OI surging 21.58%, although derivatives volume dipped 41.05%. The RSI continued to surf in the overbought territory, at 74, birthing market sentiments of a potential due price correction.
$PEPE The Frog may rest for a while #pepe price chart formed bearish RSI divergence in lower term frame. A minor correction is expected but before the dump, tricky movements may be necessary, too. Not financial advice.
pepeusdt_1w becarefull the most important level for your buy tp...every levels it can be buy targets...
GOOD LUCK traders
Lights out for PEPE?We've never posted chart ideas but we've been trading PEPE for awhile and this is hard to ignore.
Let's see how it plays out.
PEPEUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower
Targets: 0.0000009 - 0.000012 - 0.000014 - 0.000017
after first target reached move ur stop to breakeven
Stop: (depending of ur risk).
ALWAYS follow ur RM
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
Double top!!! PEPE long consolidation ahead.Double top noted clearly on CRYPTOCAP:PEPE , in my opinion, accumulation has been done and time to clean and shake weak hands. This will take few months in my opinion so be prepared mentally.
Correction pending pepe !!!The weakness of the process is quite noticeable
The heavy outflows of whales of this currency can lead to the alarm of the price drop.
Community Verified icon
since me post $PEPE breakout up ++++100%The recent breakout of CRYPTOCAP:PEPE has been nothing short of spectacular, with the token skyrocketing by over 100%. This impressive surge in value highlights the incredible momentum CRYPTOCAP:PEPE has gained in the market. As traders, recognizing the significance of such breakouts is crucial for maximizing profits.
In light of this breakout, it's an opportune moment to consider taking full profits. The rapid increase in price presents a prime chance to capitalize on the gains. While the excitement around CRYPTOCAP:PEPE is palpable, prudent trading involves securing profits when the market conditions are favorable.
For those holding CRYPTOCAP:PEPE , this surge serves as a reminder of the volatile nature of the crypto market. It's essential to remain vigilant and strategic in trading decisions. As always, ensuring a well-balanced portfolio and adhering to a defined risk management strategy are key to long-term success in crypto trading.
This idea is categorized under trend analysis, reflecting the importance of monitoring market movements and making informed decisions based on current trends. Let's ride the wave of CRYPTOCAP:PEPE 's success and lock in those profits!
Technical Analysis of Pepe Meme Coin 🚀I've conducted a detailed technical analysis on the Pepe meme coin, and here's what I found!
Based on the above analysis, the Pepe meme coin shows strong potential for continued upward movement. Traders should watch for breakouts above the resistance levels and monitor the support levels for potential buy opportunities.This analysis is based on current market conditions and should be used as a guide. Always conduct your own research and manage risks appropriately.
