Forecasting PEOPLE is like trying to describe the scent of Saffron.
It's currently sandwiched between Support and Resistance on the 2H chart. Couple sizeable Lower Highs are developing into a Descending Triangle, I'd wait for one extra Lower High to be sure.
I'm "quite" confident PEOPLE will retest the Support, after which we might see that 3rd Lower High. If it breaks below the Support, then Descending Triangle is in play.
My Targets:
Target #1 = 0.0732
Target #2 = 0.0700
Target #3 = 0.0677
Target #4 = 0.0589
Target #5 = 0.0565
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
PEOPLEUSDT.P
PEOPLEUSD
PEOPLEPERP
PEOPLEUSDT
PEOPLEUSDT
PEOPLEUSDT.P
It's currently sandwiched between Support and Resistance on the 2H chart. Couple sizeable Lower Highs are developing into a Descending Triangle, I'd wait for one extra Lower High to be sure.
I'm "quite" confident PEOPLE will retest the Support, after which we might see that 3rd Lower High. If it breaks below the Support, then Descending Triangle is in play.
My Targets:
Target #1 = 0.0732
Target #2 = 0.0700
Target #3 = 0.0677
Target #4 = 0.0589
Target #5 = 0.0565
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
PEOPLEUSDT.P
PEOPLEUSD
PEOPLEPERP
PEOPLEUSDT
PEOPLEUSDT
PEOPLEUSDT.P
