🐸PEPE🐸 is Ready to Correct 🚨➖40%🚨✅As I expected in the previous post , PEPE was corrected by more than ➖50% .
🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type .
📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or weakness and an impending market reversal.(A truncation often occurs following a particularly strong third wave)
🔔I expect PEPE to drop to at least the Support line after breaking the Uptrend line (➖40%).
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Pepesignals
PEPE FOLLOW ME~!Hello, Friends!
It's the PEPEUSDT chart.
PEPE has hit a new high these days.
It's coming down after recording the High high.
What's the next direction?
I'm looking at it like this.
1. If it keeps the GREEN uptrend line, It will reach the purple uptrend line.
2. If it breaks through the BLUE downtrend line due to strong buying-force and keep it, It can even go to the RED uptrend line.
priceaction analysiswait
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📊Analysis by AhmadArz:
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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1000PEPEUSDT: Crafting a Possible Head and Shoulders Symphony"PEPEUSDT is delicately composing what appears to be a head and shoulders pattern, a classic chart formation that often signals a significant shift in market sentiment. This potential pattern is capturing the attention of traders and analysts alike, hinting at an impending reversal in the current trend. As each part of the pattern comes into clearer focus, the anticipation builds, with market participants poised to respond to the unfolding narrative. This development in PEPEUSDT's chart could orchestrate a dramatic turn in its price trajectory, offering a compelling story for those attuned to the rhythms of the crypto market."
PEPE going to 0.0000075934I think a crash for the pepe cryptocurrency is underway, with the first TP (Take Profit) being 0.0000075934. The method of calculation is based on Gap, which is very accurate. The ascending gap must occur, followed by a descending gap, indicating that the ascending gap has occurred and the price drop is ready to happen.
PEPE Out of the flagMy previous setup for PEPE was correct, but i got stopped out due to an early entry. Pepe actually broke up from a bull flag after a break of major trendline, and i think we could see a continuation of the pump after a retest of the support zone at $0,..73. First target the resistance level at $0,..83
PEPE: sel if beark support📊Analysis by AhmadArz:
🔍Entry: 6707
🛑Stop Loss: 6987
🎯Take Profit: 6501 - 6253 - 5884
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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PEPE Moving to new highsPepe is looking strong and we can see a clean bullish trend. After the break of the main trendline, price make an interesting pump and looks like is not ready to stop yet. $0,..8 is a strong resistance area and i expect a possible pullback there, till $0,..65. This support level is where i will look to enter long waiting for new highs.
🐸PEPE🐸 is Ready to Correct 🚨➖50%🚨🐸As I shared with you in the analysis a few days ago , PEPE continued its upward trend and was able to create a New All-Time High(ATH) . ( PEPE has increased over 😱➕200%😱 since my analysis ).
🚀 PEPE managed to break the 🔴 Resistance zone 🔴with high momentum and create a New All-Time High(ATH) .
🌊According to the theory of Elliott waves , it seems that PEPE has completed the main wave 3 and is in the process of completing the main wave 4 .
🔔I expect PEPE to return to the broken 🔴 Resistance zone 🔴 (pullback) to complete main wave 4 and decline by 🚨➖50%🚨 .
❗️⚠️Note⚠️❗️:If PEPE goes back below the 🔴Resistance zone🔴 again, we should expect more PEPE falls.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
PEPE Technical Analysis and Trade IdeaIn our video, we delve into the technical analysis and trade idea for #PEPE. Our evaluation reveals a potential selling opportunity. We’ll break down the current price trend, scrutinize recent price movements, consider market dynamics, and pinpoint a potential entry point based on favorable technical analysis. However, it’s vital to stress the significance of robust risk management practices. Please keep in mind that this video is purely educational and should not be construed as financial advice.
PEPE & BONK- Will they make headlines again?Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days.
While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature.
In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an inverted head and shoulders pattern. This pattern led to a significant surge in the coin's value, resulting in a new all-time high and a gain of around 13X in just three weeks.
Following this surge, there was a normal correction that halted precisely at the 50% Fibonacci retracement level. At this point, it's likely that the correction is over, and we could anticipate another upward movement.
Considering a similar rise in the future, we might expect another 10-fold increase.
BONK:
Had also a strong 5X rise at the end of February, followed by a correction after making the ATH that is nicely aligned with the horizontal support.
Also here the correction seems over and a new strong leg up could follow.
Keep in mind the nature of the coins and trade ONLY what you can afford to lose!!!
🐸PEPE🐸 is Ready to Pump🚀➕70%_100%🚀🐸 PEPE token , which was once in the shadow of other famous meme coins in the market, has now become the leading meme coin in the market with its growth of about 136% in the last week .
🐸However, the resurgence of the cryptocurrency market is not the only reason for the significant growth of PEPE, and the role of the X social network , where more than 53,000 posts about this token have been published in the past few days and has become a platform for discussions and recommendations for investing in PEPE.
🚀PEPE is looking to create a New All-Time High(ATH) after breaking the 🟢 Support zone 🟢.
🌊According to Elliott's wave theory , PEPE seems to have completed the main wave 3 and is currently completing the main wave 4 .
🌊 Wave 4 can end near the Support line , and if this happens, we can expect PEPE to have a stronger wave 5 . Otherwise, wave 4 can probably end at 38.2% Fibonacci .
📈In terms of Classical Technical Analysis , PEPE has formed an Inverse Head and Shoulders Pattern , and the 🎯 Target of this pattern 🎯 can be one of the Targets of the end of wave 5 .
🔔I expect PEPE to make a New All-Time High(ATH) after the completion of wave 4 and possibly rise to at least 🟡 Potential Reversal Zone(PRZ) 🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
PEPEUSD This rally is far from over.Pepe (PEPEUSD) has completed a +760% rise so far from the February 05 2024 Low and based on this chart, it is far from over! In fact as both the 1D MA50 (blue trend-line) and the 4H MA50 (red trend-line) are supporting, this run resembles the rally of April 21 - May 05 2023 when Pepe rose by +2531%. During that rally, the 4H MA50 held and broke only when the multi-month pull-back started.
As a result, we expect the coin to rise to at least 0.000023 (+2531% from the bottom), which would interestingly enough be a Higher High if that indeed evolves into a Channel Up.
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PEPE trade in fake-break📊Analysis by AhmadArz:
🔍Entry: 380
🛑Stop Loss: 354
🎯Take Profit: 406 - 431
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
PEPE Potential Correction SoonIf you haven't entered PEPE in the buy area:
Now, at an RSI exceeding 93, it seems we are currently in a massive bubble.
The previous corrections following an RSI surpassing 76 were significant, as you can see in the chart!
Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00000243, corresponding to the 0.618 level