Pepe
Market Update - September 1st 2023
Grayscale ETF ruling boosts BTC: A U.S.Court of Appeals ruled in favor of Grayscale in their lawsuit against the SEC, which challenged the agency’s denial of an application to convert Grayscale Bitcoin Trust (GBTC) to an ETF. GBTC is currently the largest Bitcoin fund with over $16.3 billion USD in AUM. The ruling led to higher prices for BTC.
Powell speech and cooling economic data led to higher market prices: Markets were higher following Jerome Powell’s speech at Jackson Hole last Friday, in which no surprises were indicated. Cooling GDP and jobs data further bolstered these gains.
PEPE trends down following rug pull rumors: PEPE experienced a sharp drop in price last week as rumors of a rug pull circulated. The anonymous developer who claimed to be in control of the funds now says that the remaining 10 trillion tokens are safe and will remain until a “use or burn arises.”
X receives Rhode Island payments license: Twitter Payments LLC, the payment branch of X, was approved by Rhode Island for a license request to store, transfer, and exchange Bitcoin and other digital assets on behalf of its users. This marks another step in Elon Musk’s quest to turn X into the “everything app.”
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PEPE coin is on the short list with a level of 0.00000085Hello everyone!
AIHermes today identified the coin PEPE on the short list with a level of 0.00000085
Entry model - breakout! Leverage 10-20X
Stop short.
Trade with us, trade better than us!
Today:
5 coins on the short list
22 coins on the long list
DESCENDING TRIANGLE $PEPEUSDT -50% dropHello crypto fam! I hope everyone is having not only a wonderful but also profitable day trading. Make sure to smash that LIKE and FOLLOW!
Is FWB:PEPE in a Descending Triangle?
Yes i believe FWB:PEPE is in a large BEARISH DESCENDING TRIANGLE that has the potential to dump FWB:PEPE -50%.
What is a descending triangle?
In Descending Triangle Chart Patterns there is a string of lower highs. This pattern is formed with a trend line that is sloping and a flat or a horizontal support line at the bottom. The pattern emerges as a price bounces off the support level at least twice.
How accurate is trading a descending triangle pattern?
Glad you asked, a descending triangle is a powerful technical analysis pattern with a predictive accuracy of 87%.
Conclusion
Well as i have illustrated in the chart above and described in the description box i believe we are in a descending triangle. Everything in the market seems to make sense for FWB:PEPE to see a massive sell off along with CRYPTOCAP:ETH and $BTC. Expect to see MAJOR bounce around $0.0000003700's level which is where i will be LONGING $PEPE. As far as a timeframe on how long it may be until we see a break down is hard to predict. The FWB:PEPE breakdown will likely be ignited by CRYPTOCAP:ETH and CRYPTOCAP:BTC sell offs. A way to measure this would be once eth breaks $1,600 its likely that FWB:PEPE will follow suit and dump alongside CRYPTOCAP:BTC and other major altcoins.
Thanks, LiquidMEX
Short PEPE at 0.00000135 to 0.00000162Once there is impulse towards the upside around 0.00000135 I will start to short with SL 10% above it which. Idea is it will go to 0.0000007 just like bitcoin did in 2018. PEPE is here to stay I am bullish long term and see 69B mcap as it is programmed. However it needs to shake out "non-believers" and "tourist" first to reward the true "believers" and "citizens" No financial advice
PEPEUSDTThis is a 1D frame analysis for PEPEUSDT Based on the fact that the price is on a support zone, we can expect it to move towards the first resistance line. However, keep in mind that if the price breaks below the support line completely, it may see lower numbers, but as long as the price is above the support line, we can expect an increase in price up to the first resistance line.
📉PEPE is ready for a price jump 📈BINANCE:PEPEUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes below the yellow area, the long scenario won't be fulfilled.
Targets are on the chart.
Optimum stop-loss is below the 0.0000008415 level.
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
PEPE to fall by 71% to under 100 million market cap!In the absence of any concrete utility to support the token, nothing seems to prevent Pepecoin from falling below the 100 million mark in market cap.
Shiba Inu expands into DeFi to support its ecosystem. Speculators will be less patient for PEPE.
Developers cashed out and are watching the ship sink!
There is no bullish momentum to reject PEPE's price as it approaches key support at $0.0000008375 or June 2023 low.
If price breaks down this level, there would be another drop to 0.0000003099 support, or more than -71%. PEPE market cap would then be less than 100 million dollars.
PEPE's initial price is $0.00000000001394 according to Techopedia.
PEPE is ready to increase at least ➕10%🚀🚀🚀PEPE is moving on the 🟢 support zone 🟢.
According to Elliott's wave theory, PEPE started to form 5 downward waves after losing its uptrend line.
🔔I expect wave 5 to finish at the 🟢 support zone 🟢 and PEPE to grow at least ➕ 10% 🚀🚀🚀.
Pepe Analyze ( PEPEUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Pepe/usdt Update PEPE/USDT Daily Chart:
If you've been following our updates, you know we were waiting for this demand zone as a buying opportunity. Pepe has now reached our buying zone. There's a possibility of a 40-60% rise in the upcoming days from this demand zone.
Remember: This is just an idea. It's important to do your research before making any decisions.
Wishing you the best of luck! And if you're satisfied with our work, please consider showing your support.
Happy trading!
$CRPT lower low then up!Most LIKELY we need to make a new lower low. Then we should reverse to at least top of the channel. Lower low would be right about the bottom trendline and hit the fib as well.