PEPEUSD Don't get excited. Cautious buy but strong sell at top.Pepe (PEPEUSD) is having an amazing 6 day bullish streak, breaking and closing above both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) during that span. This is the bullish leg towards the top (Lower Highs trend-line) of the 5-month Channel Down, so even though we expect it to extend some more, be cautious and get ready to sell at the top.
The immediate Target is 0.00000145 and then after a pull-back the 0.786 Fibonacci retracement level at 0.00000160. On the 0.786 Fib be ready to short and target the 1D MA50.
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Pepe
Brief Analysis——PEPEBTC did not fall after the pump, but fluctuated around 34000. In the past crypto history, when BTC has risen, and not given back profits. Many alt-coins will pump. Funds will choose different sectors for speculation when the market is FOMO.
Under such circumstances, we choose PEPE, a token which is dominated by sentiment, for today's analysis. PEPE is a meme token, and after an initial crazy rise, the price continued to drop. We have also done PEPE analysis in the past. If you are interested, you can check it out at the link below.
Led by BTC, PEPE has been rising for several days, and the trading volume has increased, but it is not significant. The next resistance level is at 0.0000014.
At the daily level, we can see that there are many yellow cones in the MBF indicator area since the end of August. This means that bottom-buying sentiment began to build up at that time and lasted for a month. After PEPE bottomed out again, the price began to rise rapidly. From the WTA indicator we can see that the blue bars representing whales begin to appear and increase. There are no long red candles or long upward pin-bar on the candle chart, which means that whales are not in a hurry to take profits and close their positions.
Let's look at the 4h level. On the WTA indicator, we can see that in the first green zone, when the long green candle (shown as the black dotted line) appears, whales are not involved in PEPE trading. During the subsequent correction, whales continued to increase. This is not a good start. And in the early stages of the second wave of gains, whales also did not appear. And after that the whales increased again. This shows that FOMO drives whales to participate in transactions.
PEPE is currently starting to fluctuate. If there is no long red candle or long upward pin-bar in the subsequent movement, then the FOMO may not be over, and PEPE may continue to rise close to the given resistance level.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
PEPE COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!FWB:PEPE Coin Update !!
• Price almost surge 100% in Last Two weeks & currently using major indicators its look overbought...but i will recommand don't open any short on FWB:PEPE token untill its price reach its resistance area...
• High level manipulation Expected in FWB:PEPE Token price ...( intretest rate on exchanges is on its peak)
• If you open any short on FWB:PEPE Token then make sure you set stoploss First..
I just want to remind you that is last BULL RUN ( CRYPTOCAP:DOGE & SHIB Coin Did almost 1000x +)....if FWB:PEPE Token Hype increase then it wil do too ..🏄♂
🔥 PEPE Is Going To Fly: Crazy Potential 🚨In my last PEPE analysis I was looking at this falling wedge pattern and patiently waiting for the break out.
Now that BTC has broken bullish, PEPE has followed suit. With PEPE breaking through the 85 resistance (omitting the zero's for clarity), it seems that the breaks are off this token.
Apart from the meme potential, this token has been shorted very badly over the last months, making way for a potential short-squeeze.
I doubt that we're going back towards the 300-350 area in the near future, but it's certainly a possibility for the next few months, assuming that BTC will not dump on us.
For now, the entry has been hit and we're enjoying the ride.
Pepe Special: FEMFFOTC:FEMFF is currently in a falling wedge and looking to be great. Too many people FOMO'd into that first spike through the supply line and the CO was not having it...
But really it needed to fill this gap before the big pamp.
Gap filled.... show time.
So what kind of target can we expect?
A run up to the 0.618 fib extension would be a pretty common retracement for a successful falling wedge breakout.
A near 130% increase from its current price.
For a different look, here are some historical levels (this chart is kinda fonky, so I zoomed out to the 3M chart to get some decent S/R based on candle closes)
That long wick at the top of wedge shows we have an imbalance... and what do we know about imbalances?
....they often get revisited.
Does it have to. NO. But it wouldn't be weird.
Here's one more look with the fib extension overlaid
The historical levels make sense and line up pretty nicely.
A break of the 0.41 level would likely lead to run up to the 0.79 level and could very well give us that 0.786 fib extension.
Pump it.
🔥MAV and APT: SAME PATTERN, SAME PROFIT❓Both altcoins fell by -60-70% after the Binance listing and reached the accumulation area.
💥 what's next? I think you understand.
Such fresh altcoins as Aptos, Render, Worldcoin etc. are growing very easy and we make a profit on it, but every altcoin(!) depend on Bitcoin. Let's see what's daddy have for us during the upcoming days.
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pepe community The first support zone that can be seen is in the green lines, and the first resistance that can be seen is the red lines. In case of failure, each side must be updated again.
🔥EOS is Goin to Brake This Massive Wedge🥵EOS fell by -97% from highs and now its going to break the 500 days wedge.
The crypto market feels like dead and I don't know better time to take a look on altcoins and Bitcoin for the long term.
The targets are on the chart.
💥 BTW one more shake out is still possible. But will we see it? This is a big question.
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PEPEUSDT 4h Analysis: Potential ReversalIn recent weeks, OKX:PEPEUSDT has experienced a prolonged downtrend, indicating a bearish market sentiment. However, on the 4-hour timeframe, an intriguing pattern is emerging – the Falling Wedge. This pattern is characterized by converging lower highs and lower lows, suggesting a potential reversal in the near future.
Key Levels to Monitor:
1. Support at 6024: This level has acted as a significant support in the past. If the price approaches this mark within the Falling Wedge, it might signal a potential bounce.
2. Resistance of Downward Channel: Observing the upper boundary of the current downward channel is crucial. A breakout above this resistance could indicate a shift in market sentiment.
What to Watch:
- Wedge Breakout Zone: The Falling Wedge pattern often leads to a bullish breakout. Keep a close eye on the price movement within the wedge. A breakout above the upper trendline could initiate a potential upward move.
Possible Targets:
1. 6600
2. 6800
3. 7000
These levels represent potential price targets if the Falling Wedge pattern resolves with a bullish breakout. However, it's important to remain cautious and wait for confirmation, as price action in crypto markets can be highly volatile.
As always, it’s recommended to use proper risk management and wait for a confirmed breakout before making any trading decisions.
💜Happy trading!
🔥COMP Is At a Channel Mid: What's Next? 2 Options!Compound grew by +180% from bottom to channel top. It's very volatile altcoisn which can impress traders and investors, but now it's indise the channel mid.
The first confirmation of the upcoming growth will be the close of the Weekly candle above the mid of the channel. Usually, it becomes good support.
💥The targets in case of fall or close above the channel are diffrent. If the price fall to the channel bottom, the target will be at the top by +180%.
If the price close above the mid channel, the targets will be at the channel top by +70% and the order flow +229%.
I want to remind you, that these targets are only for the local growth. It will skyrocket during the full-fledged bull market!
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Will Pepe go to hell?PEPE's price action structure is bearish.
We have a strong order block, and if the price pulls back to it, it is a good opportunity to open sell/short trades.
We also have a dynamic resistance, where the candles are below this area, which causes a selling point.
Currently, PEPE is involved in a support that is expected to break sooner or later.
The green area is the first valid support that we can use as TP.
I also specified the invalidation level. Do not enter the position without capital management and stop setting.
PEPE: Recovery Time?Overall, the Crypto market looks pretty shaky. A top appears to be forming in BTC in the form of a Head and Shoulder Pattern.
Until the market makes some decisive moves, we are seeing Alt Coins create some interesting patterns and various forms of consolidation.
FWB:PEPE is getting my attention today with a very clean Inverse Head and Shoulder (IHS) Pattern.
Let's break this idea down.
IHS forming at the bottom of the market.
Market has pulled back into the "Golden Pocket" of the range. As measured from the Head to the top of the impulse (preceding the pullback).
A small base forming on the Golden Pocket, indicative of buyers support at this level.
33% gain if we are targeting the supply gap above us.
Be aware that the correlation of Alts and BTC remain high, if BTC is to move downward, this bullish structure would be at risk.
This is for educational purposes only and is not to be considered as financial advise.
Please do your own DD and operate within your risk parameters.
🔥AAVE Is Ready To Make a Massive BreakoutAAVE is inside the massive triangle. The price touch of the bottom or top of the triangle will be a bullish signal where you can consider your long or spot purchases.
The closest resistances and targets are $125 and $365 key levels.
💥most of AAVE holders are destroyed after -93% from a top. So when to break through this accumulation triangle if not now?
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🔥HBAR Triangle: Breakout Will Have a Tremendous Influence HBAR fell by -94% from it's highs as the most of altcoins. It has and additional advatage: someone's support it's price. It bounced by +150% and +80% while most altcoins just consolidating.
The pressence of the buyers support gives me additional confidence that this altcoin will be a top gainer at the bull market.
The closest targets are about +108% ($0.1) and +450% ($0.27). It's possible to reach the second target only in case of $40-46,000 per Bitcoin.
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PEPE is showing signs of a continuity of bullish momentumHarmonic bullish reversal move:
Before starting the analysis of PEPE, I would like to share with you my most recent trade signal for PEPE, which I shared few hours ago. That was a harmonic bullish reversal Gartley move, which PEPE formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move.
Massive Breakout from the channel:
On a daily time frame chart, from may 2023 to June 2023 the priceline of PEPE coin has been moving inside a long down channel, and finally on 20th of June 2023, the priceline of the leading meme coin broke out the resistance of this channel and rallied more than 131%. But during this move the price got rejected by the long term resistance of $ 0.00000190 and formed another down channel.
2nd channel breakout:
Now from July 2023 to September 2023, PEPE was moving inside in another down channel, and during this move to the downside there was a fake out happened, and price got rejected by a very long term resistance zone, which starts from $ 0.00000136 and goes to $ 0.00000146. After this rejection PEPE re-entered the same down channel now on 22nd of September it has broken out this channel as well.
Inverse H & S breakout:
Recently on a 4-hour time frame PEPE has broken out an Inverse Head & Shoulder pattern and now the price is getting accumulated above the neckline of this inverse head & Shoulder.
Targets:
Now if we take a look at the targets for all these patterns and breakouts, then the expected target for inverse Head & Shoulder is $ 0.00000082, and the recent channel’s breakout targets is $ 0.00000095, and the target for the breakout from the oldest channel, which was happened in the month of June 2023 is $ 0.00000210.
Conclusion:
PEPE is showing the sign of a continuity of the bullish momentum, because it has broken out a long down channel after 77 days, and recently broke out another inverse Head & Shoulder, moreover, after breaking out the head and shoulder pattern it also formed harmonic bullish reversal pattern and started another reverse from the potential reversal zone of this pattern as well.
SasanSeifi 💁♂️PEPE 👉6H🔼 0.000000830 / 0.000000875In the 6-hour timeframe, as you can see, the price has experienced a growth of over 30% from the 0.0000006020 range. Currently, with the possibility of a price rejection from the supply area, we can consider a scenario where, after a correction and retesting, the price may once again move upwards if confirmed. The target for further growth could be the important resistance levels at 0.000000830 / 0.0000008755.
To better understand the continuation of the price movement, we need to observe how the price reacts to the range between 0.0000007340 / 0.0000007560. If the price breaks below the support ranges and establishes itself lower, it may increase the likelihood of a further correction.
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️
Pepe Token formed bullish Gartley for the next pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Our last successful trade of PEPE was the below one:
Now on a 4-hr time frame, PEPE has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
🔥 PEPE Falling Wedge Break Out Soon? Crazy Potential!PEPE has been losing a lot of value after the initial listing on Binance. However, there might be some good news for the bulls in the near future.
Seeing that falling wedges are bullish reversal patterns, a break out from this pattern might be the signal where bulls are waiting for in order to step back into PEPE.
With a bullish/neutral BTC, this token can fly high. The trade on the chart has a R/R ratio of 26, making it a great short-term trade with a high potential pay-off.
PEPEUSD Can rise aggressively if the Falling Wedge breaks.Pepe (PEPEUSD) is trading within a Falling Wedge ever since the first sell-off and sits below both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) which made a double rejection on the latest Lower High on August 14 2023.
The 1D MACD is already on a strong post Bullish Cross sequence so the slightest break-out, preferably above the 1D MA50, will be a buy opportunity. The first and more reachable target will be a symmetrical with the Wedge's first rise at +128%, targeting 0.0000013500. If then the 1D MA100 holds as a Support, we will re-buy and target Resistance 2 at 0.0000019000.
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We're on our way to the next floorIf you see my profile you will notice that it predicts Pepe's previous floor quite accurately and now I think I am right again, see how the downward trend has been making a megaphone since July 14, I think that after hitting the floor The trend would be upward and the next tarjet could be the daily ma of 100.