PEPEUSDT.PS trade ideas
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📊Analysis by AhmadArz:
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Nothing!!!Hi.
➡️ the odds of another bullish Movement is Pretty high because the pattern which PEPE is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
✨Targets are:
🎯$0.00000769
🎯$0.00000893
🎯$0.00001025
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
The Power of Retail Investors ---- PEPEIn the past two days, the U.S. stock GameStop has experienced another obvious pump again after three years. Roaring Kitty, a representative of retail investors, posted on X after three years of silence. The follow-up of retail investors caused the stock price to rise. At the same time, meme coin GME, Kitty, etc. also had pumps.
Due to its poor performance, GameStop continues to be shorted by large asset management companies, and its value is separated from its business support. Three years ago, financial institutions restricted long positions on GameStop, which caused strong dissatisfaction among retail investors and led to a short squeeze phenomenon. Whether it is from the current value of GamStock or the type of holders, it can be described as a meme stock.
Fair is the biggest consensus of meme coin. This is why this stock market event spread and affected the crypto market. This is the power of retail investors. Meme coins have seen a significant rise in the past two days. In addition to the eponymous tokens GME and KITTY, the highly decentralized PEPE has also seen a significant increase.
We have analyzed PEPE before and gave a BUY signal on February 23 through the TSB indicator, believing that PEPE is about to rise. On May 2, after the TSB indicator once again prompted a BUY signal, PEPE began to rise again. Currently PEPE is refreshing its ATH. We can see the formation of long green candles over the past two days, accompanied by increased trading volume. The bullish trend is healthy.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
PEPE Weekly AnalysisPEPE has emerged as this week's most impressive performer with a significant surge of 34.35%. The cryptocurrency successfully breached the resistance level at $0.00000997, climbing to a peak of $0.00001146. It is currently retesting this level in a one-day timeframe. Should PEPE manage to sustain a close above this threshold, further upward trends may be anticipated.
In the daily timeframe, both oscillators and moving averages are signaling a buy. However, in the weekly timeframe, while oscillators remain neutral, moving averages indicate a strong buy recommendation. Notably, PEPE has become a popular meme coin. As always, investors are advised to conduct thorough research before engaging with meme coins.
Pepe Inu ($PEPE) Coin Hits New All Time High Pepe Coin ( CRYPTOCAP:PEPE ), a meme coin, has recently hit an ATH of $0.00001109, marking a significant shift in smart money activity. The token has defied the crypto market's expectations and has gained unprecedented momentum. On-chain data reveals that nearly 250.5 billion CRYPTOCAP:PEPE was shuffled by smart money addresses during the token's recent hitting of a new ATH. This has ignited speculation among investors about the meme coin's potential to offer gains in the future.
Data revealed by on-chain analytics platforms showed 250.40 billion CRYPTOCAP:PEPE was moved in the past 24 hours, showcasing Pepe coin accumulations and dumps by smart money traders. One smart money address, 0x37, was noted to have been accumulating 406.74 million CRYPTOCAP:PEPE from Binance, while another smart money address, 0x647, offloaded a whopping 250 billion CRYPTOCAP:PEPE to the same exchange. This address still holds considerable amounts of CRYPTOCAP:PEPE worth 7.25 billion coins, hinting that the investor believes the token could pump even higher.
As of writing, PEPE's price has rallied 22% in the past 24 hours and currently sits at $0.00001116. Its 24 hour lows and highs are $0.00000831 and $0.00001097, respectively. By ditching a zero from its value, the meme coin has achieved a monumental achievement, although speculations loom about whether it can hold this level.
Significant CRYPTOCAP:PEPE buying in recent days has brought considerable buying pressure on the frog-themed meme token. The coin's 24-hour trading volume further rocketed 280.38% to $2.11 billion, pushing the token to a bullish stage. Coinglass data also flagged a market uptrend scenario for Pepe coin, with open interest surged 14.92% to $107.51 million and a derivatives volume upswing of 235.45% to $2.12 billion. This data paints a highly optimistic scenario for PEPE at press time, although speculations of a correction loom primarily due to the RSI hovering at 70.
CRYPTOCAP:PEPE coin is trading with a Relative Strength Index (RSI) of 75.29 which implies CRYPTOCAP:PEPE coin is overbought. The daily price chart depicts a bullish flag pattern which is poised for further growth.