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,...
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...
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.
We have highlighted #Pepe a few times since it burst on the seen.
It has really been a good trading vehicle, good volume and perps.
It's already up 2.5X from the big pattern inverse right shoulder.
It's already smashed the neckline
So charging in now is not recommended.
(if you are lucky and see it retest the neckline by all means)
Having said that if you...
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...
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...
Have 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.
Some 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
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...
Pls #dyor and support follow idea 💡 to get updates 🙂
Red lines accumulation zone 📌
Green 💚 lines 📍 target's 🎯
I am expecting only 20-25x move not 100x to 200x
Yes 🙌 i provided in chart 📈 based on if COINBASE:SHIBUSD market cap enter 60B then possibility i am saying but based time interval if any fast response of pump 📌 we are going 100x above
But make...
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,...
This looks like another H/S formation, yet given the tons of volume coming into GETTEX:PEPE it has been hard for GETTEX:PEPE to correct a bit, hence a sharp correction may be coming into $PEPE. I see it highly correlated to $BTC. Perhaps already some traders trading this based on CRYPTOCAP:BTC moves. CRYPTOCAP:BTC just sneezed and GETTEX:PEPE had a cold,...
