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PEOPLE / TetherUS PERPETUAL CONTRACT

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PEOPLEUSDT.P trade ideas

PEOPLEUSDT → A break of resistance opens up the new range BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a small influx of assets. Our attention is drawn to PEOPLE. The price breaks the wedge resistance and continues to form a consolidation in a weak market. Finally, the coin breaks through the key, for now, level of 0.01022. Consolidation of the price above the level will form a bullish potential, which my move into the phase of realization and within the medium-term perspective PEOPLE / TetherUS can reach 0.01433 and 0.0185. Altcoins have been strongly consolidating their energy lately, something may happen soon. Support levels: 0.01022, 0.00846 Resistance levels: 0.01433 I expect the price growth to continue after consolidation above 0.01022 level. Regards R. Linda!
Long
by RLinda
17
📊#PEOPLE bottom build head-and-shoulders model, upside coming❓🧠We have finally moved out of the compression triangle formed by the downtrend line after more than a year of adjustment, and we have constructed a head-and-shoulders structure at the bottom, and now we have broken through the neck line position, and a possible big burst is coming.💥🚀🌕 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
5
🚨 Trade Update: PEOPLE/USDT (3-5x)🚨 Trade Update: PEOPLE/USDT (3-5x) 📈 Long Entry: 0.0123 - 0.01405 OTE (Optimal Trade Entry): 0.01325 SL: 0.01154 B/E Move: When it moves close to TP2 TPs: Short Term: 0.01435 - 0.01470 - 0.01510 - 0.01560 - 0.01620 Mid Term: 0.01700 - 0.01800 - 0.02000 - 0.02300 - 0.02600 **Disclaimer: Past profits do not guarantee future results. Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis. EDK FORUM TRADING®
Long
by GISTRADINGLLC
✴️ ConstituionDAO Classic Chart Analysis With 120%+ TargetPEOPLEUSDT (ConstitutionDAO) is trading daily above EMA100, EMA50 and EMA10 as well as MA200. These are short-term, medium-term and long-term moving averages. MA200 is the most important one as this level has been conquered and confirmed as support, meaning, PEOPLEUSDT is setting itself up for long-term growth. Then we have the classic RSI signal called strong/bullish when trading daily above 50. At 61 we would call this reading super strong. The MACD is really good technically speaking, above zero, trending higher with green histogram and showing plenty of room available for additional growth. Finally, we have a volume breakout as today's session produces the highest volume since December 2022. All this is pointing to additional growth. There is also a higher low, an ascending channel and multiple chart patterns... All bullish of course. With that said, prepare for all scenarios if you decide to buy as markets are always evolving and anything you see now can easily change. Namaste.
Long
by AlanSantana
1
PEOPLEUSDT wants the breakout soon?PEOPLEUSDT has been trading within a relatively narrow range, which indicates that there is a buildup of buying pressure in the market. At present, the price of PEOPLEUSDT is testing a key support level, which is important for attracting new liquidity to the market. If this support level holds, it could potentially lead to a breakout of the 0.0225$ area, which would be a bullish signal for the market. According to Plancton's rules, if the price of PEOPLEUSDT does indeed create a breakout and move higher, it could present an opportunity for traders to open new long positions. This is because a breakout would signal a potential shift in market sentiment, indicating that there may be more buyers than sellers in the market. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
2
PEOPLE - Doesn't look promising Looking at the weekly, we can see that the pump on the last few days doesn't mean much on a larger picture. There is major resistance at 0.035 which has held strong over the last 12 months, and a consolidation triangle was formed. Triangles are more often continuation patterns, so the higher probability is for a continuation to the downside. Right now bulls are trying to fight the breakdown, but let's see what the next couple of weeks have for us.
Short
by Stoic-Trader