PEPE/USDT - Potential Breakdown from Ascending Channelhello guys.
Price Action:
PEPE/USDT is currently trading within an ascending channel but showing signs of a potential breakdown.
The price has been rejected from the top of the channel and is now hovering near the support zone around 0.00000918 USDT.
Support and Resistance:
Key support lies around 0.00000860 USDT as shown in the highlighted box. If the price breaks below this level, a sharper drop is likely.
The next major support zone is between 0.00000770 USDT and 0.00000740 USDT, where the price might stabilize if the breakdown continues.
Bearish Scenario:
The chart suggests a possible breakdown if the price fails to hold above the current support levels. The descending arrow highlights the potential path to lower support zones.
If the breakdown happens, price could fall toward the 0.00000755 - 0.00000717 USDT zone, possibly testing the lower boundaries of the channel.
Bullish Scenario:
A reversal could occur if the price manages to hold above 0.00000918 USDT and reclaims its previous high near 0.00000980 USDT, but this would require strong buying momentum.
PEPEUSDT.PS trade ideas
PEPEUSDTPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
PEPE price stability in doubt as market momentum fadesPEPE price is showing signs of weakening momentum. Key technical indicators suggest the recent uptrend is losing steam. As a result, the coin has fallen almost 10% in the last 24 hours.
Additionally, short-term price indicators, such as the EMA lines, remain neutral, signaling that PEPE may test important support levels in the near future. While the possibility of a downward move exists, a resurgence in bullish momentum could push PEPE toward retesting key resistance levels.
PEPE’s ADX has dropped to 18.86, a sharp decline from its peak of 58.52 on September 30, when PEPE was trading at $0.00001147.
Such a low ADX value indicates that the price is likely ranging within a narrow band, neither gaining nor losing much ground. This aligns with the idea that PEPE is in a period of reduced volatility, even as one of the biggest meme coins in the market.
The sharp drop in ADX also confirms that the strong trend observed in late September has faded, leaving PEPE without a clear directional force. That makes it more susceptible to sideways trading or minor fluctuations until a new trend emerges.
This downward tilt suggests that the bullish momentum is weakening, and a potential shift could be on the horizon. If the current price action continues in this neutral to slightly bearish direction, PEPE might test the support level at $0.00000835 in the coming days. Should this support fail to hold, the price could drop further, with the next strong support at $0.00000776.
However, if bullish momentum picks up again, PEPE price could challenge the resistance at $0.0000119. For now, the market remains in a state of uncertainty, and traders are likely waiting for a clearer signal to determine the next move.
PEPEUSDT.1DLooking at the daily PEPE/USDT chart, we observe an intriguing pattern in the price movements of PEPE, marked by sharp rises and subsequent declines, which form what appears to be an emerging Gartley pattern—a harmonic pattern used to predict future price movements based on Fibonacci retracement levels.
Currently, PEPE is trading at $0.000096, positioned just above a critical support level at $0.0000594 (S1), and another lower support at $0.0000225 (S2). These levels are crucial as they may prevent the price from further decline, should the bearish momentum continue. On the upside, the immediate resistance is identified at $0.0001050 (R1), with a higher resistance at $0.0001318 (R2). Overcoming these resistances would be essential for confirming a bullish reversal.
The Stochastic RSI indicator is currently in the oversold region at 23.9, indicating potential for a price rebound as buying interest might increase at these lower levels. Conversely, the MACD shows a bearish crossover below the signal line, hinting at possible continued bearish pressure in the short term, but it’s important to note the histogram is slightly increasing, suggesting a decrease in downward momentum.
In this analysis, if PEPE can maintain its position above S1 and possibly rebound off this level, there might be an opportunity to test R1. A successful breach of this resistance could pave the way for an approach towards R2, fulfilling the potential bullish scenario indicated by the Gartley pattern. Conversely, a break below S1 could see PEPE testing the lower support at S2, indicating a stronger bearish grip on the market.
For trading, considering the volatility and patterns observed, I recommend setting tight stop-loss orders just below S1 to mitigate risks from sudden downturns. Additionally, watching for a solid breakout above R1 with significant volume can confirm a bullish stance. This analysis should be supplemented with close observation of broader market trends and news that could influence price action significantly.
PEPE - Still holding supportWith the recent talks of memecoin super cycles, PEPE is continuing to show structural support within its price action.
We have our two downwards sloping trendlines. The green one is based on the candle bodies and the yellow one is based on the wicks.
Both trendlines have been broken and the yellow one has been retested as new support.
Price has also flipped short term old resistance into new support (orange horizontal line)
Price is also holding 200 MA on the daily (blue MA)
Pepe Goes Bearish After 55 Days GreenThe move that started last week is not over, we are seeing the start of a down-wave.
The 5th of August signaled the end of a down-move. From 5-August through 29-September PEPEUSDT moved up, that's 55 days. That's a mild bullish wave. This up-wave ended abruptly and we see strong bearish action on this chart. This bearish action has been going only for 9 days. Just as the bullish move lasted 55 days, the bearish move can last anything between 22 and 27 days.
➢ I can see a lower high in September compared to July.
➢ I can see a lower low coming in October compared to August.
A major drop is developing and will show itself on the chart soon, that's the way it is.
Prepare. This wave will envelope the entire market.
Just as everything grew after the August low, everything will move down after the recent high. The market is one.
Thanks a lot for your support.
Namaste.
PEPE Prepares for Parabolic Growth: Bullish Momentum Building PEPE’s price action is following a classic Elliott Wave structure, with Wave 1 now complete, followed by an ABC correction, which also appears to have finished. This signals that we’re now entering Wave 3 of a larger degree trend (marked yellow), with Waves 1 and 2 behind us.
Zooming in, the Roman numeral wave count (white) shows the completion of Wave 1 of 3 of the higher degree trend, with i (green) forming the current wave. Once i completes, we can expect a brief ABC correction, followed by parabolic growth in Wave 3.
It’s exciting to see a meme coin like PEPE following such a strong bullish trajectory. The overall outlook is highly promising, and this setup could lead to significant upside potential!
PEPE + BNB Will Moon Just Like ETH Did In 2017 17 year experienced trader here sharing my thoughts to help the crypto community.
As everyone knows this is a very important time for the market as we are approaching the end of the 3rd year of the 4 year cycle . Year 4 has always been ALTSEASON . The charts I am sharing with you are setting up to have HUGE runs into 2025. In teh video I share with you my reasoning on why this meme coin and BNB will explode higher just like ETH did back in 2017 . ETH was the the daddy back then and now MEME coins are the hot narratives (look at how many meme coins that Binance have listed) and there is a reason for it . Meme coins are bring in heavy trading volume for exchanges creating good revenue and they also bring in new crypto people to the community , we have seen xrp bring in millions of people , then we seen DOGE bring in millions of people then SHIB and then PEPE . Each ALTSEASON it has been a new meme coin that helps bring in and grow the crypto community so this time will be no different . This time we have new coins like NEIRO that can moon also but that is for another video .
Do not sleep on these coins and if u need any help or have any questions please just send me a message and I will be happy to try my best to help .
Have a great weekend
MartyBoots
PEPE → Potential Rebound at Key Support Zonehello guys.
Descending Resistance Line: The price broke above a long-standing descending resistance line but is now retesting this line, which could act as support.
Support Zone ($0.00000077 - $0.00000074): The price is approaching a strong support area highlighted in the chart, which has been previously tested multiple times. If the price reaches this zone, a potential rebound is expected.
Bearish Retest and Pullback: There's a bearish pullback after a recent rally, with the possibility of retesting the resistance line or lower support levels before any significant upward movement.
Bullish Scenario: Should the price successfully bounce off the support zone, a strong recovery is anticipated, with a potential upward move towards $0.00000110 or higher, as illustrated on the chart.
RSI Indicator: The RSI is in the lower range, suggesting the asset is nearing oversold territory, which might contribute to a reversal in the coming sessions.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and
PEPE/USDT pair on Binance (1-hour timeframe) TA+TRADE PLAN BY BFPEPE/USDT pair on Binance (1-hour timeframe) Technical Analysis + TRADE PLAN by Blaž Fabjan
Chart Pattern: Falling Wedge
The falling wedge pattern is identified, which is typically a bullish reversal pattern. As the price converges downward, it indicates a potential breakout to the upside.
The pattern suggests that there might be a bullish move coming once the price breaks out of the wedge. The breakout has either happened or is about to happen as per the drawing.
Key Support and Resistance Levels:
Support Levels:
$0.00000066: This is a key support level, likely the bottom of the falling wedge pattern.
$0.00000070 and $0.00000076: Potential areas of support if the price retraces after the breakout.
Resistance Levels:
$0.000000807, $0.000000886, and $0.000000986: These are key resistance levels. Once the price breaks out of the falling wedge, it will likely face resistance at these levels.
$0.000001084 and $0.000001235: The upper resistance targets if the price momentum continues.
Indicators:
RSI (Relative Strength Index):
RSI is around 56, indicating that the market is in a neutral to bullish territory. If RSI increases above 70, it may indicate overbought conditions.
Stochastic Oscillator:
Stochastic Oscillator is around 85, indicating overbought conditions. However, during a breakout scenario, this might suggest strong momentum.
Volume:
There is a slight increase in volume, which is often seen during breakouts from chart patterns like falling wedges.
VMC Cipher B Indicator:
This indicator shows momentum and potential divergence. The convergence of the lines could indicate a bullish reversal.
Hull Moving Average (HMA) Histogram:
The HMA histogram shows a slight bullish divergence, supporting the case for a bullish breakout.
Trading Plan
Entry:
Enter the trade after a confirmed breakout from the falling wedge pattern, preferably on a candle close above $0.000000807 (the first key resistance level). Confirmation can also be supported by an increase in volume or further confirmation from RSI moving upward.
Stop Loss:
Place a stop-loss below the most recent support, around $0.00000070, to minimize risk in case the breakout fails or the price retraces back into the wedge.
Take Profit Levels:
First Target (TP1): $0.000000886 (next resistance level).
Second Target (TP2): $0.000000986 (another resistance level where the price may slow down).
Third Target (TP3): $0.000001084 (for more aggressive traders aiming for a larger move).
If you are highly confident in the bullish move, you can target $0.000001235, but ensure to trail your stop-loss once the price reaches the first target to lock in some profit.
Risk Management:
Risk-to-reward ratio should ideally be 2:1 or better.
Use 1-2% of your trading capital on this trade to manage risk effectively.
Monitor RSI and Stochastic Oscillator closely, as both are nearing overbought zones. If these indicators show divergence (i.e., price rising but RSI declining), be cautious of a false breakout.
Watch for any sudden shifts in volume; if volume drops after the breakout, it could indicate weakening momentum.
In case the price drops back into the wedge pattern or below support, consider exiting the trade to avoid further losses.
This trading plan aims to capitalize on the bullish breakout of the falling wedge pattern, but always ensure to use proper risk management.
PEPE Coin - Another attempt at previous high or capitulation?PEPE coin is exhibiting a return of momentum after a retracement from its previous pivot high.
Price action is taking the form of a rising pennant or channel.
Observe the boundary tests as well as the volume on each retest before taking a direction.
Pepe Closed Below MA200 (Healthy Correction)Looking at this chart, we have rising bearish volume as well as a break below MA200... There is room for lower prices.
Good night my fellow supporter, we are doing good today.
A healthy correction means that the low price that is hit during the process remains within normal and expected boundaries. PEPEUSDT grew like crazy in 2024 and its first correction pierced only the 0.618 Fib. retracement level. The 0.786 remains unchallenged. A lower low in a new drop can easily hit this level without disturbing the long-term bullish structure at all. This is the level that was tested in April 2024. On the other hand, knowing Cryptocurrency, this level can break and this spells doom because it would mean something simply crazy. This is called speculation. Let's focus on the chart.
After a mild rise, we have bearish signals and market wide bearish action. A continuation of the bearish move is possible. If this continuation takes place, the orange lines on the chart are the most likely levels where PEPEUSDT will find support.
Thank you for reading.
Namaste.
PEPE coin long term analysis - testing support after breakout PEPE coin broke out of a Triangle pattern and appeared to decouple itself from the major coins based on its internal macro fundamentals.
There appears to be retesting of previous support and buying zones, as well as a confluence of the longer-term technical indicators levels.
Regardless of whether the retracement was a result of profit-taking, internal structural challenges or the general crypto market direction, how price responds to these levels will be extremely informative.
Observe for volume breakouts to confirm directional sentiment.
PEPEUSDTThe chart shows a completed harmonic pattern with a short-term bearish pullback expected. However, the price could rebound from the 0.000000986 USDT support, leading to a potential upward move towards 0.000001350 USDT. Traders should watch for price action near the key support level for further confirmation.
PEPE ANALYSIS (update)🔮 #PEPE Analysis - Update 🚀🚀
💲 As we said earlier #PEPE performed the same. More than 48% move already done in #PEPE. Now we can see a little retest towards it's major support zone and after that a bullish move would be seen
💸Current Price -- $0.00001109
📈Target Price -- $0.00001670
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEPE #Cryptocurrency #Breakout #DYOR
Buy Sell Alerts PEPE USDT - Captured Toast NotificationsStrategy Explanation:
Indicators:
RSI (Relative Strength Index): The RSI is set to a period of 8 with thresholds for overbought and oversold levels. Buy signals occur when the RSI crosses above the lower threshold (33), indicating a potential oversold condition. Sell signals occur when RSI crosses below the upper threshold (63), signaling potential overbought conditions.
Lower RSI Threshold (33): Represents the oversold level, triggering buy signals.
Upper RSI Threshold (63): Represents the overbought level, triggering sell signals.
EMA (Exponential Moving Average): The EMA is calculated over 9 periods, and it's used in conjunction with the VWMA to identify trend direction. Buy signals occur when the price is above the VWMA, signaling an uptrend.
VWMA (Volume Weighted Moving Average): The VWMA is calculated over 20 periods and takes into account the volume. If the 9-period EMA is above the VWMA, this confirms a bullish trend, helping to filter buy signals.
Signal Strategy:
Buy Signal (Long Only): A buy signal is triggered when the RSI crosses above the lower threshold (33) and the 9-period EMA is greater than the VWMA. This suggests that the market is gaining bullish momentum, and a long position is opened.
Exit Signals:
Take Profit: A profit target is set at 0.5% above the entry price.
Stop Loss: A stop loss is placed at 0.3% below the entry price to protect against large losses.
Manual Sell: If the RSI crosses below the upper threshold (63) and the EMA falls below the VWMA, it triggers a manual sell to exit the position.
Automated Execution with Power Automate & Python:
Alert Capture with Power Automate:
I have configured Power Automate to capture the toast notifications from TradingView’s desktop app. These notifications correspond to buy, sell, take-profit, and stop-loss alerts triggered by the TradingView strategy.
Power Automate then converts these alerts into text and logs them into a file.
Python Script to Execute Orders:
The Python script continuously monitors the log file for updates. When a new entry (alert) is detected, the script parses the text to check whether it’s a buy or sell signal.
Depending on the signal, the Python script connects to Binance’s API and places the corresponding buy or sell order.
This automated process ensures timely trade execution without manual intervention, keeping the trades aligned with the TradingView strategy.