THE CONTINUATION HEAD AND SHOULDERS PATTERNto the target of THE CONTINUATION HEAD AND SHOULDERS PATTERN -Target around 0.000017
PEPEWTRX_TKHJBW.USD trade ideas
PEPE -possible small gainer 25%Just a small move- since the markets are moving rather sluggish, but I have a bit of confidence this one plays out to the target. Using GANN and Harmonics, and some of things not shown :) Order was placed Friday evening with 5k Limit buy at 8710 sats. I may add more to this for a good scalp if price wants to run up quick and I think it will before retracing steeply.
DO NOT BUY PEPE NOW: POSSIBLE RISKSPEPE recently updated its ATH. More than 80% of rising for two last weeks. Coin's capitalization is already over $4.33 billions
It is quite possible the coin price may continue its rising. However do not hurry up with buying the coin as the situation can be dangerous if RSI goes under 70
Higher highs on price and lower highs on Relative Strength Index would mean the bearish divergence that may cause the price drop. Previous high on RSI exceed 93 points and it would be not that easy for the price to rise that fast so RSI could beat the previous local high
I still think that PEPE's price would depend on BTC price movement as usual. Remember that DOGE and SHIBA dropped with BTC price dropdown and PEPE may repeat the history of previous hot meme coins
Trade smart
PEPE's Parabolic Pursuit Preps The Next Bull RunSkyrocketing to New Heights: PEPE price has soared to an all-time high of $0.0000111, marking a significant milestone in its market trajectory.
Channel Breakout Brilliance: The recent breakout from a falling channel pattern signifies a strong bullish trend, suggesting the potential for further upward movements.
Inverted Ambition: The formation of an inverted head and shoulders pattern is a bullish reversal indicator, hinting at a substantial rally ahead.
Rounding Bottom Rebound: The rounding bottom pattern, with a neckline at $0.000010, has been successfully breached, indicating a robust entry into bullish territory.
Bullish MACD Momentum: The MACD remains in a bullish phase, supporting the ongoing trend as the demand for PEPE grows.
RSI Rush: The Relative Strength Index is nearing overbought conditions, reflecting a strong surge in buying pressure that could push prices higher.
Volume Validation: Increased trading volume is backing the current price rise, reinforcing the bullish outlook for PEPE.
Psychological Prowess: Breaking the $0.000010 mark has significant psychological implications, potentially fueling further investor interest and price increases.
Fibonacci Fantasia: The Fibonacci extension suggests a target near the $0.000019 level, aligning with an 85% potential upside from current levels.
Support Retest Scenario: While a retest of the $0.000010 support level is possible, maintaining above this level is crucial for the continuation of the bull run.
THE CONTINUATION HEAD AND SHOULDERS PATTERNwe are seeing the formation of THE CONTINUATION HEAD AND SHOULDERS PATTERN with target around 0.000017
Pepe's Bullish Scenario. This run is not over yet. #PEPEThis run is not over yet. Pepe has been consolidating for some time in what is looking like a massive bull flag. The upside from, if this LTF IHS as well as the HTF flag plays out, is very very large. I am VERY BULLISH PEPE. THIS IS NOT FINANCIAL ADVICE.
$PEPE Looking BullishNot financial advice.
CRYPTOCAP:PEPE
Needs to print a new higher high to turn bullish witch will break the triangle. if that happens will need to wait for a retest for confirmation.
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PEPEPEPE about to make its next run up. Text book bull pattern playing out in real time. Super bullish on PEPE and am going to be watching this chart closely.
PEPE Bull Flag BreakoutExactly as the headline indicates, PEPE appears to be breaking out of a Bull Flag pattern. In my humble opinion..........
PEPE Navigating the Bearish Cloud with a Glimmer bull potential.As we conduct a detailed technical analysis of PEPEUSD, our focus is drawn to several key indicators and patterns that have surfaced on the 4-hour chart. The strategic use of these indicators suggests a cautiously bearish outlook, underpinned by several critical observations.
Ichimoku Cloud Analysis:
The price is currently navigating below the Ichimoku cloud, which typically signifies a bearish regime. However, an imminent bullish TK (Tenkan-sen and Kijun-sen) cross suggests a potential reversal could be on the horizon. This bullish signal may be invalidated if the price does not break above the cloud. As such, a clear movement above the cloud would be necessary to confirm a bullish trend, with a price target set at the next resistance outlined by the cloud, potentially at 0.00000060.
Relative Strength Index (RSI):
The RSI, sitting just under the 70 level, indicates a pullback from overbought conditions. While this typically would suggest a potential downside, the RSI has not yet signaled an overextended market that would precipitate a sharp sell-off, thus providing a nuanced view for potential entry points.
Stochastic RSI:
The Stoch RSI currently indicates overbought conditions, and the expected bearish crossover could imply a short-term pullback. This pullback could be an optimal entry point for traders looking to capitalize on a rebound from support levels.
Moving Average Convergence Divergence (MACD):
The MACD shows bullish momentum as the MACD line crosses above the signal line, yet caution is warranted given the overall bearish market structure. Traders may look for the MACD line to stay above the signal line and watch for increased histogram bars to confirm sustained bullish momentum.
Price Action and Support/Resistance:
Examining the price action, we observe a resistance zone around 0.00000060, which coincides with the upper boundary of the Ichimoku cloud. A convincing break above this zone could lead to a short-term bullish outlook with targets set at 0.00000065, while failure to surpass this level might see the price retracing to find support near 0.00000050.
Buy and Sell Zones:
A speculative buy zone could be considered near the current support at 0.00000050, with a tight stop-loss set just below this level to mitigate the risk of a breakdown. On the flip side, traders might consider taking profits or establishing short positions near the 0.00000060 resistance, with stop-losses placed above the cloud to protect against a potential upside breakout.
Price Prediction and Speculation:
If the bullish indicators consolidate and the price surpasses the cloud, we could see an upward trajectory towards 0.00000065 or higher. Conversely, failure to break resistance may see the price revisiting and potentially breaking the support at 0.00000050, leading to lower lows.
In summary, while the convergence of indicators suggests a potential reversal to the upside, traders should employ a risk-averse strategy due to the current bearish trend. Should the price action and volume favor bulls, and a breakout above the Ichimoku cloud occurs, a bullish narrative could unfold, validating our speculative target of 0.00000065. However, it is imperative for traders to remain vigilant and adjust positions according to real-time market developments.
$PEPE: Triangle Breakout Targeting New Highs?Meme stocks have been consolidating recently, and CRYPTOCAP:PEPE appears poised for a breakout. A bullish triangle pattern has formed on the chart, suggesting a potential move to new highs if confirmed.
Applying Elliott Wave Theory, we can see a potential five-wave impulse move up from the April 5th low. The recent retracement found support at a critical level - the 78.6% Fibonacci retracement of wave (i). This is a significant bullish sign.
While my outlook is bullish, a short-term pullback (around 10%) suggested by the orange line could occur to shake out weak hands before the next leg up.
The key support level to watch is the 78.6% Fibonacci retracement. A break below this level would weaken the bullish case.
So, overall, the technical indicators for CRYPTOCAP:PEPE are bullish. A confirmed breakout from the triangle pattern and continued support above the 78.6% Fibonacci level could take it ttowards new highs.
Don't Be Fooled...This is the big fake out dump before we start ripping much higher for the majority of the year - I'm of the belief all these meme plays will do many multiples in the coming 6-9months - I don't see this accumulation period lasting too long at all.
Pepe flyI marked the price that Pepe can see in the picture, but the best time is when the roof of the channel is out
Is PEPE price ready for a 100% surge?Consolidation and Breakout: PEPE price is currently in a consolidation phase within the Bollinger Bands, indicating an imminent bullish breakout.
100% Upside Potential: The breakout is expected to propel PEPE price to $0.000015, doubling its value.
Market Recovery Leverage: The ongoing market recovery, especially in meme and AI coins, sets a positive backdrop for PEPE's surge.
Investor Anticipation: There's high anticipation for a bullish surge among top meme coins, with PEPE positioned as a leading candidate.
Market Cap Standing: PEPE, with its $3.23 Billion market cap, ranks among the top meme coins.
Recent Price Increase: Despite a pullback, PEPE price has seen a significant 181% increase this month.
Bollinger Bands Indicator: A contraction in Bollinger Bands on the 4H timeframe hints at a potential explosive move.
RSI Indicator: The RSI fluctuating near the overbought boundary underscores growing bullish momentum.
Second Breakout Attempt: Buyers are gearing up for another breakout attempt, supported by a strong baseline in Bollinger Bands.
Bullish Barricading: A higher high formation and support at the $0.0000850 mark showcase solid demand for PEPE.
Bitcoin Halving Influence: The upcoming Bitcoin Halving in April could further fuel PEPE's price rally.
Potential New ATH: A successful breakout, coupled with Bitcoin's bull run, could lead PEPE to surpass its previous all-time high.
Is PEPE price ready to launch a new run?Bullish Breakout: The asset shows a bullish breakout from a key resistance level, signaling a strong uptrend.
Market Sentiments: Improved market sentiments contribute to the asset's rally, with potential for a 90% increase.
Bitcoin Influence: A positive reversal in Bitcoin prices propels the broader crypto market, including meme coins.
Demand Zone Retest: The asset retests a critical demand zone, forming a higher low indicative of sustained buyer interest.
Consolidation Range: A consolidation range is observed, setting the stage for a potential breakout.
Fibonacci Levels: Breakout aligns with the 23.60% Fibonacci level, suggesting further upside potential.
Technical Indicators: MACD and RSI indicators show signs of a bullish trend reversal and increased demand.
Overhead Supply Challenge: The asset prepares to challenge overhead supply levels, eyeing a psychological resistance mark.
Halving Anticipation: Upcoming cryptocurrency halving events may further fuel the rally.
Investor Anticipation: Sideline investors closely watch for breakout attempts, indicating high market anticipation.
Volume Surge: An increase in trading volume supports the bullish momentum.
Price Targets: Setting ambitious price targets based on technical analysis and market trends.
$PEPE tasty dipsHave to say I'm loving this tasty dip in CRYPTOCAP:PEPE right now. Saw it incoming and cashed out when we dropped a zero a couple days ago. The 1 hour seems to be starting to stabilize a tad but in my opinion, the zoomed out 4+ hour is gonna be where it's at and still looking to be a downtrend for a bit. Sit tight y'all.
PEPE - Buy ZonesSome possible buy zone. We should get bounce on both zones, but I think the 0.786 retrace has more confluence.
Not financial advice.
- Work of fiction and magic
Continuance of Bullish Pump for PepePepe forming a bigger inverse and shoulders engulfing the smaller head and shoulders. Up 10% so far. 20% more to go
Meme Coins Like PEPE Pay Out MORE Than Bitcoin
It's all virtual speculative coins. So if one anticipate the King of the virtual coins to move then as the tide rises all ships rise.
A friend had brought PEPE to my attention last summer. Gees I said what are they going to come up with next? A frog,LOL!
Anyways. An inverse head & shoulders pattern appeared to form.
Lok at what occurred on the 9th day in wave C. A bullish harami formed as bitcoin began to move. However, PEPE offered more bang for one's buck.
Example: If one would like to play with bitcoin for whatever reason, but figures it's a little over their budget, then they can try to speculate on another virtual coin to make some coin and then sell it to speculate in bitcoin.
IMHO
30% Move PepeInverse head and shoulders, Bullish Flag, Retest at 50% retracement and RSI crossing the MA. ALL signs for bullish pump
Bagholder Zone...We're entering the bagholder zone here - this is going to come down so hard - don't let your memes become nightmares.
PEPE pepping up Pt 2 This chart is to correlate to the previous one. Pepe has just completed the final stages of crab pattern and should by the looks of it propel up, getting back into the original range called on the original chart. Ill put a link to it below. This is a smaller harmonic, but could lead way to bigger one being formed for additional price action. We will need to see, but for now this harmonic is ready to go up!
