PEPE not quite low yetWe have missed the range's VAL by a few dollar while showing a sign of strength.
I expect a retest of the range's POC back into our weekly level for another rotation, to the upside
PEPEUST trade ideas
Long trade
Date: Sunday, 25th August 2024
Time: 17:00 (5:00 PM) during the NY Session PM
Time Frame: 1-Hour Time Frame (1Hr TF)
Entry Level: 0.0000090719
Profit Level: 0.0000097000 (a 6.92%)
Stop Level: 0.0000088369 (a 2.59%)
Risk-Reward Ratio (RR): 2.67
PEPE Losing Steam..Anyone who benefitted from Push 1 (hype) will be those who locked in gains.
Pepe struggling to rally within new found downtrend, despite risk on environment externally.
Any long best placed far lower, under prev lows.
TRADE ON PEPE/USDT ON 4H TF WITH BULLISH AB=CDHere PEPE/USDT in 4H TF is in bullish trend making HH's & HL's and forming AB=CD pattern.
Entry = 0.00000990
SL = 0.00000854
TP1 = 0.00001150
TP2 = 0.00001236
PEPEUSDT.1DExamining the PEPE/USDT chart closely, I’ve identified several elements that stand out in the current trading environment. Here's a detailed analysis:
Key Resistance and Support Levels:
Resistance 1 (R1) at 0.00000693: This level is immediately noteworthy as the price is currently testing it. A break above could indicate bullish sentiment building in the short term.
Resistance 2 (R2) at 0.00001377: Much higher than R1, reaching this level would suggest significant bullish momentum and a possible shift in market dynamics.
Resistance 3 (R3) at 0.00001724: This is an optimistic target and would likely require a major catalyst or a shift in broader market sentiment.
Support 1 (S1) at 0.00000379: If the price breaks below this level, it could lead to further declines as it represents the most recent low.
Support 2 (S2) below the chart’s visible range: The presence of another support below S1 suggests a zone where buyers previously stepped in.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD is currently below the signal line but close to a crossover. This could suggest that upward momentum is starting to build, especially if the MACD crosses above the signal line soon.
RSI (Relative Strength Index): The RSI stands at 41.90, which is below the midline of 50, indicating that the market might still be in a bearish phase or at least not strongly bullish yet.
Chart Patterns:
A downward trendline is evident, marking resistance levels that have capped price rallies. The current price action near R1 could be crucial; a decisive break above this trendline might suggest a trend reversal.
Fibonacci retracement levels from a prior rise show significant levels at 0.561 and 0.727, indicating areas where the price found support or resistance before, aligning with our current levels.
Conclusion: The current setup on the PEPE/USDT chart suggests caution with a watchful eye on potential bullish signals. A break above R1 and the downward trendline would be a positive sign, potentially leading to tests of higher resistance levels. Conversely, failing to overcome R1 could see the price retesting support at S1, with a risk of falling to lower levels if bearish pressure intensifies. Given the proximity of the MACD to its signal line and the RSI’s position, traders should remain alert for changes in momentum and adjust their strategies accordingly. Setting strategic stop-loss orders and considering the impact of broader market trends on PEPE’s price movement would be prudent.
PEPE → Pre-break consolidation and retest of MA-200BINANCE:PEPEUSDT is consolidating after a shakeout. Bulls are emphasizing the resistance at 0.00000827. On W1, the coin is consolidating above key support, which is a good sign amid the overall bullish trend.
PEPE is trading above trend support and is not going to go down yet. A decrease in volatility is forming - “consolidation” character of the movement. After retesting the resistance, the price returns to the level for another test, which only increases the chances of a breakout of the area. Consolidation of the price above this area may affect the breakout of MA-200, which will be a confirmation of the readiness to go up. Technically, the zone of interest is 0.00001088 and “ob” in the zone 0.000013.
Resistance levels: 0.00000827
Support levels: 0.000007615
We continue to follow the price. The trend is bullish and there are no preconditions that would lead to a trend change. Technically, I expect an attempt to break the upper boundary of consolidation and further growth to the specified targets.
Regards R. Linda!
PEPE inevitable downtrend!!It seems that Pepe is in a downward trend and the possibility of falling to lower levels is high.
PEPE BREAKOUTFinally broke our Tend line after multiple scalps. First target at 0.00000888 a break there and we will be hitting the previous range at 0.00001131. Also alot of pressure picking up so great time to hold.
PEPEUSDTPEPE ~ 1D ✅
#PEPE Make purchases gradually on this support block, short term target of at least 10%+ 🟡
PEPE#PEPE
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Chart:D1
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Pepe ready to break out, can go non stop towards 0.000013Personal idea: pepe like other mem coins faced dramatic fall and currently in 4 hours time frame created bullish divergence and located in oversold zone, technical indicators show volume increases and closing above 0.00000822 will give opportunity to fly, based on the technical indicators, in my opinion pepe can go non stop towards previous high around 0.000013 or higher. Let's see what happens next. Good 🙂 luck 👍
What is this cunning frog PEPE up to?The development of our previous idea for OKX:PEPEUSDT is simply fascinating:
first a -50% drop, and then a x4 price increase 👇
Let's try to predict something now:
1️⃣ over the previous cycle, #PEPE price gained +2800% compared to other altcoins - this is a lot
2️⃣ for more than three months, the price has been squeezed in consolidation - someone is unloading their positions, but of course someone is buying #PEPE
3️⃣ on the info field, the excitement about memecoins on CRYPTOCAP:SOL has greatly decreased
4️⃣ a lot of retail buyers have bought #PEPE on the highs in anticipation of the next x10, but will they...
5️⃣ memecoins on CRYPTOCAP:TRX are starting to break into the info space (but we are not agitating to buy them, at least not now)
Conclusions:
ℹ️ when and if OKX:PEPEUSDT reaches $0.00001 (+30% of the current price), think about whether to keep the position in full or maybe it's time to fix it.
ℹ️ below $0.000006 CRYPTOCAP:PEPE may be waiting for a total collapse
PEPEUSD / UNDER UPWARD PRESSURE - 4H PEPEUSD - 4H TIME FRAME
HELLO TRADER S
Tendency , prices is under upward pressure , until trading above turning level at 0.000007
Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 0.000007 , it is likely to move upward toward the resistance levels at 0.000008 and then 0.000009 .
Downward Condition : To reach the 0.000006 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.000007 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.000005 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.000008 .
RESISTANCE LEVEL (2) : 0.000009 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.000006 .
SUPPORT LEVEL (2) : 0.000005 .
TURNING LEVEL : 0.000007 .
My view on PEPE CoinMy view on PEPE Coin.
With many coins making good positive moves today, the volatility of the market still remains true.
For the asset PEPE, I feel it is currently struggling in a critical zone.
Zones to look out for
REsistance: $0.00000850
Support: $0.00000750
PEPE LONG BINANCE:PEPEUSDT
Invalid if it breaks below the Aug 5th capitulation.
Same playbook as the past two previous times it got sold off.
Bears are noise. Chart says all. Good RR, good probabilities, easily manageable risk, and can accept both outcomes. Ignoring the chop and remaining patient.
A large swing in one direction is followed by an opposite swing back. That is how markets play ball.
Lots of liquidity resting above after taking out liquidity below.
Has come into the golden zone and is currently sitting above the .5 level on 4H.
Similar amount of time spent distributing at the top as it has been accumulating down here at the bottom.
Once it breaks out it should be rapid as there is not a lot of volume done in between these ranges. I am expecting a push back into the previous sell off level.
PEPE looking bullish long termBeen a while since i saw a chart this bullish. a trend line break out with Just two resistance in the way. A weak one and a stronger resistance.
My long term bias is bullish unless a major news hits. Remember bias change all the time.
pepe → just buy and hold ithello guys.
Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern.
First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines.
Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive.
Outlook: If the pattern completes, a strong move to the upside toward the projected third drive target is possible.
Summary
Pattern: Developing "Three Drives" bullish reversal.
Support: The price is near the bottom trend line.
[* ]Potential Move: Anticipating a third drive upward.
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PEPEUSDT - LONGI think we have found the bottom at the lower horizontal line( Red ). With price being above the moving average, that indicates we are ready to move upward toward 0.000009 however there is strong momentum yet.
Summary:
Entry = Current price or slightly lower than that.
Target = 0.000009
Plan your trade, trade the plan.
Follow and Boost my ideas.
PEPE Long - Previous Support Buy In Conjunction With BTC Bounce🚀 Long Thesis: Why CRYPTOCAP:PEPE Could Be Poised for a Major Move
CRYPTOCAP:PEPE , one of the strongest meme coins in the market, has dipped to a crucial support level that has historically held firm. If you zoom out on the daily and 4-hour charts, you'll see this support has been a solid floor in the past.
Meanwhile, CRYPTOCAP:BTC has found strong support around the $58,000 level and is starting to show signs of life. Historically, CRYPTOCAP:PEPE has trended in the same direction as $BTC.
Entering a long position here offers a well-defined risk-to-reward setup. With CRYPTOCAP:BTC potentially gearing up for a move towards $60k or higher, CRYPTOCAP:PEPE could follow suit, making this an attractive buy.
PEPE short term predictionI'm expecting BTC to hit $56.7K soon, and if that happens, I believe PEPE will likely retrace to the 700-600 range. However, if BTC moves back above $60K, I see PEPE potentially surging to 900-1300.
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PEPEUSDT ( INSIDE SENSITIVE AREA BETWEEN TWO TURNING LEVEL )(4H)PEPEUSDT
Hello Traders,
Currently, the price is in a sensitive area between two turning levels and is attempting to reach turning level (2).
Tendency: The price is situated between turning levels 0.000008 and 0.000007.
Upward Zone: For an increase, the price needs to correct at turning level (2) and stabilize above it. This should lead to a move towards turning level (1) at 0.000008. To confirm an uptrend, the price must break turning level (1) and reach resistance level (1) at 0.000010. Closing a 4-hour candle above 0.000010 , would indicate a move towards resistance level (2) at 0.000011 .
Downward Zone: If the price breaks below turning level (2) at 0.000007, it should then aim for support level (1) at 0.000006. If the price stabilizes below 0.000006 , it may further decline to support level (2) at 0.000005.
Target Levels:
Resistance Levels: 0.000010, 0.000011 .
Support Levels: 0.000006 , 0.000005 .
Do not miss the opportunity to buy PEPEAn internal pullback is underway from SW H to SW L.
The green area is strong support, we expect price rejection from this area upwards.
There is also a large liquidity pool under the candles that is expected to be swept soon.
Closing a daily candle below 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 : FULL BEAR Mode (⊙_⊙;)PEPE is in the middle of a solid bearish market (According to Wycoff Method Chart Analysis).
With the RSI in the daily under 50, the price continues to be bearish. It is likely that PEPE will retest the next major demand zone, where a potential bounce could be found as buying pressure can be expected on this demand zone.
From a technical indicator perspective, we see a clear flash to "SELL" in the weekly timeframe as the price loses the trendline and the trendline now turns RED.
The price can only be considered bullish once the price starts closing candles ABOVE the trendline, at which point the trendline will turn green again.
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BINANCE:PEPEUSDT
