PEPE Gearing Up For New All-Time High Pepe has been one of the best-performing crypto tokens in this cycle so far.
After breaking out of an inverse head and shoulders pattern at the beginning of May, Pepe reached a top of 0.0000179. At the time, buyers lost some steam, and the token entered into a consolidation.
Here are two reasons why Pepe could have reached the local bottom and aims for a new ATH soon.
1️⃣ Technical Indicators: Pepe has flashed a bullish MACD crossover on the daily chart. This signal is reliable, especially in higher timeframes. Backtests show that in 70% of all occurrences, the price rose by more than 10% right after.
2️⃣ Chart Setup: Pepe is forming a nice U-formation on the daily chart with its bottom at 0.00001.
If PEPE follows this pattern and gets fueled by bullish indicators, a re-visit of the previous ATH is likely.
Based on the current level, this results in a profit potential of 35% - 40%.
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Pepe
#1000PEPEUSDT #4h (ByBit) Descending trendline breakout & retestPepe The Frog just regained 50MA support and is pulling back to it, seems to be heading towards 200MA resistance after.
⚡️⚡️ #1000PEPE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.0%
Current Price:
0.0116140
Entry Targets:
1) 0.0114203
Take-Profit Targets:
1) 0.0132591
Stop Targets:
1) 0.0104987
Published By: @Zblaba
CRYPTOCAP:PEPE BYBIT:1000PEPEUSDT.P #Pepe #Meme pepe.vip
Risk/Reward= 1:2.0
Expected Profit= +80.5%
Possible Loss= -40.3%
Estimated Gaintime= 1 week
PEPE at strong SR, but chances for another dip are still highBINANCE:PEPEUSDT follows market vibes. Recent dips reached nice SR level at 1100-1140, but I can't be sure that it was the last dip. In order to confirm end of correction PEPE got to close 4H above 1300. Before that none of moves have bullish value.
If there will be more dips, then zone of interest starts under ~1080 and since there is a wide FVG price can easily dip down to 950-1000. These are short term targets that can be reached within this week.
I'm pretty sure PEPE will revisit 1340-1400 zone at some point, but I won't try to guess, if it will happen after the dip, or instead of it.
PEPE - Are You Ready?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 PEPE has been overall bullish , trading within the rising channel in blue.
Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting massive demand zone and round number $0.00001 in orange.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the orange round number and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #PEPE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PEPEUSDT is approaching the main trendHey Traders, in today's trading session we are monitoring PEPEUSDT for a selling opportunity around 0.00001140 zone, PEPE is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.00001140 support and resistance area.
Trade safe, Joe.
SHIB/USDT Analysis: Key Levels to BUY (READ CAPTION)By analyzing the #Shiba chart on the weekly (logarithmic) time frame, we can see that after a significant rally, this cryptocurrency has undergone a correction. We should soon expect the end of this correction and the start of the next upward wave. Keep an eye on these levels: 0.00001542, 0.00001385, and 0.00001248! Additionally, the price might fill its previous FVG before starting a strong upward move. This analysis will be updated!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
#PEPE/USDT#PEPE
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.0000950 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.00001115
First target 0.00001300
Second target 0.00001435
Third target 0.00001595
PEPE PEPE almost reach order block (1), But not mitigating and moving downside. Currently holding order block (2). If order block (2) was fail, PEPE moving downside.
PEPE was bearish. So moving downside is high possible. Or if PEPE moving upside, PEPE mitigating orderblock (3) to moving downside is high possible.
PEPE still in Decending Chanel but there is hopePEPE is in the huge Decending Chanel and it's almost weekend. What can we distract from the charts.
Before we look into PEPE charts I've check BTC and we are still in de sideways accumalation channel there. On the other hand we see this massive AcendingTriangle that must break out soon.
The question here is will ik go up or down. Again is friday and most weekends aren't that strong.
Inside the AT we can find a Faling Wedge at the end... Those tend to break out to the upside. But again almost weekend.. Will it crawl up along the slope of the AT for a huge break out by monday. Or does it break down and grap more liquidity to gain momentum.
Now the PEPE chart
PEPE is still in de decending chanel. It did bounce on the Golden Pocket of the fib range so it tends to go up a bit. On the other hand we lost the support yesterday and that is now the resistance. On the lower time frames we could make some kind of double bottom but that is not a textbook version so trusting it is gambling.
Lets see if we can get a reversal pattern like an Inverse Head & Shoulders or a nice Cup and Handle.
Alikze »» DOGE | Ready to defeat the PRZ zoneAccording to the previous analysis in the currency post that was mentioned, it faced a negative reaction in the second PRZ area and corrected according to the movement path to the specified areas.
💎 But now, due to returning from the specified area, it has attacked PRZ again with a good momentum.
💎 Therefore, this return wave can break the area for the next target, which is the supply area, if it can return in the specified area.
💎 In addition, if this pattern is completed, it can form a data valley, which can continue the path according to the previous post after completing the last log.
💎 Alternative scenario: in case of a break, the green box area can continue to be modified until the next area, which should be reviewed and updated again.
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Alikze »» PEPE | Support of the bottom of the ascending channelAt 8h, it is in the trading range area, which has good reactions to the supply and demand areas.
💎 Currently, it is moving to the supply zone in an upward channel, which has faced a temporary correction after the negative reaction to the zone. But if it maintains the area of 0.00000894, it can break the supply area and continue its growth until the next supply area.
💎 Alternative scenario: In addition, if the bottom of the channel breaks the indicated area, it can continue to correct the demand area.
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PEPE is currently in a ranging and bearish trendPEPE is currently in a ranging and bearish trend, continuing its movement downward. It has been moving within a descending channel for quite some time, consistently trending lower.
The scenario suggests another move downward, from where we might see an attempt to break through the top of the channel.
PEPE PEPE sweep the Inducement (💎) to moving downside and again moving upside, sweep the swing high (💀) to moving downside.
Mitigating orderblock (a) to moving upside and currently holding order block (b).
PEPE break order block (b) to moving upside. But next orderblock (1) is sell side order block. So mitigate this orderblock to moving downside is high possible.
PEPE Trade targets Only for current Holders!!!We have highlighted #Pepe a few times since it burst on the seen.
It has really been a good trading vehicle, good volume and perps.
It's already up 2.5X from the big pattern inverse right shoulder.
It's already smashed the neckline
So charging in now is not recommended.
(if you are lucky and see it retest the neckline by all means)
Having said that if you have been trading it, and building up your investment stack this past year in the Frog coin.
You will be glad to see this log target above the old high!
congrats
Major Shift for #PEPEUSDT: Prepare for a Potential Breakout! Yello, Paradisers! Have you noticed the intriguing shift in #PEPEUSDT? It’s gearing up for a breakout from its descending channel, setting the stage for an exciting potential bullish surge.
💎Over an extended period, #PEPE has meticulously traced the contours of a descending channel. Currently, the price is testing a critical support level at $0.00001075. If the price manages to sustain momentum here, there is a great probability of a bullish ride. However, prudent preparation is crucial. Should the price of CRYPTOCAP:PEPE dip below this pivotal support zone, we may witness a pronounced bearish downturn.
💎In such a scenario, our focus shifts to anticipating a bullish rebound from the lower demand level at $0.00000890. Breaking below this demand level could invalidate the bullish setup and cause the price to drop significantly.
💎Trade smart, Paradisers! If you are serious about trading and care about your capital, avoid reading crypto Twitter. We’ve seen many expert traders fall into the herd mentality because of it. Be disciplined with your trading strategy and keep mastering your willpower. If you just do this, you will already be 80% better than everyone else.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
PEPE/USDT LOOKS READY FOR A BIG MOVE!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
PEPE looks good here. It gives many bullish signs here like:
1) It is bouncing from the support which is previously acted as a resistance.
2) Also, forming a bull flag-like structure and currently trading inside the flag.
3) If you look at the previous day's candle then it formed a nice bullish hammer candlestick which gives a bullish signal.
Overall it looks bullish. I'm expecting a minimum of 2x-3x from here. Accumulate some here and add more in the dip.
Entry range:- $0.0106-$0.0116
Target:- 200-300%
Invalidation:- Daily close below $0.01
Let's Discuss!
What are your thoughts on PEPE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
PEPE HOLDING LEVEL AND AIMS HIGHERWe can see that pepe has tapped the high timeframe level below and has managed to closed the last few 4hr candles above the POC. This is bullish and i expect an attempt to do a full value rotation.
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PEPEUSDT.1DIn this technical analysis of the PEPE/USDT chart, we delve into the patterns and indicators that might signal the cryptocurrency's future market movements.
Key Observations:
Current Price and Performance:
The chart shows a current price of $0.0001033 for PEPE/USDT, having declined by 7.52% on the day.
Support and Resistance Levels:
R1 (Resistance Level 1): $0.0000865 - This level may act as a near-term ceiling, and breaching this could signify bullish momentum.
R2 (Resistance Level 2): $0.0001377 - Surpassing R1 could open the path towards this higher resistance.
S1 (Support Level 1): $0.0000595 - This is the immediate support where price might stabilize following any further declines.
S2 (Support Level 2): $0.0000399 - A critical lower support, which if breached, may lead to new lows.
S3 (Support Level 3): Not clearly defined in the current scope but inferred to be lower based on the chart pattern.
Technical Indicators:
MACD (Moving Average Convergence Divergence): Currently in a bearish phase as indicated by the histogram below zero and a downward trajectory in the MACD line.
RSI (Relative Strength Index): At 47.65, this positions the asset in a neutral zone, neither overbought nor oversold, indicating potential for movement in either direction.
Technical Strategy and Conclusion:
The PEPE/USDT market appears to be in a bearish trend as indicated by the decline in price and MACD’s bearish signal. The current chart setup suggests a consolidation phase might be occurring, with potential support at S1. A rebound from this level could target the R1 resistance; however, traders should remain cautious as the bearish momentum might continue if support levels are breached, particularly S2.
In the short term, watching for a consolidation around S1 or any bullish signals, such as a crossover in MACD above the signal line, could be key. Investors should prepare for multiple scenarios: a rebound towards R1 or further declines towards S2. Market sentiment and upcoming financial news should also be monitored closely as they can heavily impact the price dynamics of cryptocurrencies like PEPE.
This analysis serves as a framework based on the current technical setup, and it is crucial for traders to stay updated with real-time data and adapt their strategies accordingly.