PEPEUST trade ideas
I suspect PEPE is creating flag pattern for now.Based on what I see. I think this is trying to complete a flag pattern(short) for the short to medium term in anticipation of a longer term wrong move.
What do you guys think? Am I reading this right? Or am I the only one saying this? Please share your thoughts in the comments.
PEPE ANALYSIS (4H)A supply limit has been reached.
The PEPE structure is bearish (due to bearish CH and lower H and L on the chart).
But it has cleared important resistances. This point makes us look for buy/long positions on important supports.
If it reaches the red range, you can look for sell/short setups.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PEPE - DOWNTREND, another DUMP coming 📢📢 PEPE-USDT📢
PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting.
Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles back:
When we start to trade UNDER the green trendline, the price turns bearish and the trendline will now become red. For now, at least, it seems as though altseason may be over.
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BINANCE:PEPEUSDT
PEPE: Big move is coming - be ready!PEPE has formed a nice falling wedge, and a breakout is imminent! If you're looking to trade PEPE at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.000073$$ and take profits at the levels shown in the chart.
Targets:
1. 0.000077$$
2. 0.000082$
3. 0.000089$
4. 0.000095$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Green frogs have always shown this movement Invertors are drunk with fresh investable dollars and are driven to re-invest in the highly profitable narrative of meme coins, especially in the arrogantly and poorly dressed French green frog known as Pepe, who is actually a waiter in a French cafe in Paris with a well known reputation for wine, women with short skirts, long legs and questionable morals.
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Green is the color of money.
PEPEUSDT.1DOn the daily chart for PEPE (PEPE/USDT), we can observe that the price action is confined within a descending channel pattern, highlighting a downtrend with lower highs forming along the resistance line. The current price is near $0.0000745.
The chart shows resistance (R1) at approximately $0.0000946. If the price were to break above this level, it could signal a potential shift in market sentiment, possibly leading to a trend reversal. Support (S1) is set around $0.0000387, suggesting a critical level where the price has previously found buyers.
The RSI is near neutral at 56.23, indicating that the market isn't in an overbought or oversold condition. The ADL (Advance Decline Line) indicator shows a slight incline, which could be interpreted as accumulation despite the price decline, but this requires further confirmation.
Traders may consider looking for buy signals if the price approaches S1 and shows signs of a bounce, potentially targeting R1 as an initial take-profit level. Conversely, a break below S1 could suggest further declines and might be taken as a bearish signal. As always, confirmatory indicators and volume should be taken into account to validate any potential trading signals.