PEOPLE ANALYSIS🔮 #PEOPLE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #PEOPLE. It's a daily time frame breakout and we will see more higher price in long-term.
💸Current Price -- $0.09932
📈Target Price -- $0.05164
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEOPLE #Cryptocurrency #Breakout #DYOR
PEOPLEUSDT
PEOPLEUSDT, We are the one!Hello, people!
This is ESS team.
Let's see the PEOPLE chart.
Chart which has been supported multiple times by the BLUE 5day's downtrend line, have recently broken through the GREEN short-term trend line and headed for the RED downtrend line.
If it breaks through the RED downtrend line and confirms retest, you can enter the long position more stably.
Even if it falls after being resisted the RED downtrend line, If it is once again supported the 5D downtrend line, It could re-take a chance for a long position.
If it breaks strongly down the BLUE downtrend line, Please note that there may be a strong bearish.
PEOPLE/USDT IDEA Peopleusdt Market Analysis:
The market structure of Peopleusdt appears to be shifting towards a bullish sentiment, with the price currently attempting a breakout. If the breakout proves successful, there is a potential for significant upward movement.
Based on the current market conditions, there is an expectation of a bullish move ranging from 40% to 80% in the short term. It is important to note that this analysis is not to be considered as financial advice, but rather an observation of the current market trends. Investors should conduct their own research and exercise caution before making any investment decisions.
PEOPLE/USDT Potential to bounce and back to upward movement!💎 PEOPLE has recently experienced notable market dynamics, currently positioned on a support area. For continued upward momentum, PEOPLE need to bounce from this support level.
💎 A successful bounce would likely propel PEOPLE back upward, potentially leading to a retest of the strong resistance area.
💎 However, if PEOPLE fail to bounce from the support and instead breaks below this area, it could signal a concerning development. Losing the key support level may result in further downward movement, potentially leading PEOPLE to the demand area around 0.278.
💎 At the demand area, a bounce is crucial, and PEOPLE must reclaim the area above the support to sustain upward movement. Failure to do so could result in continued downward pressure on PEOPLE's price.
PEOPLE - BUY SETUP (DEC 2023)PEOPLE - BUY SETUP (DEC 2023)
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. Price action and key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market.
PEOPLEUSDT(ConstitutionDAO) Daily tf Range Updated till 01-03-24PEOPLEUSDT(ConstitutionDAO) Daily timeframe range. failed 3rd time at 0.05330. its acting like a holy water rn. but its very close and got the volume so it wouldn't be a problem try again at 0.05330, depends if papa BTC dont gets volatile. crossing clean will led it to 0.07695.
PEOPLE/USDT Breakout descending channel. Bullish Momentum ???💎PEOPLE has recently demonstrated significant market dynamics. After a successful breakout from the descending channel pattern, PEOPLE is poised to retest the trendline before potentially continuing its upward trajectory toward the supply area.
💎 A breakout above the supply zone could pave the way for further upward movement, allowing probability PEOPLE to reach our target supply area.
💎 However, if PEOPLE fail to sustain upward momentum and retreats back to the demand area, it may need to establish new momentum from there.
💎 A concerning scenario would occur if PEOPLE breaks below the demand area, signaling a continuation of the downward trend. This would indicate bearish sentiment and could lead PEOPLE towards the key support area or even lower levels.
PEOPLE next jump!!! PEOPLE changed its bearish momentum to bullish momentum. It needs more fuel to go towards the supply zone. A possible new HL could be marked demand zone which is perfectly aligned with 0.6 to 0.5 fib level.
Entry: 0.03785
Tp: 0.05271
Sl: 0.03003 if the 2-hour candle closes below this.
PEOPLE/USDT Success Breakout the key level or Back to rejected ?💎 PEOPLE has undeniably garnered significant attention in the market. Currently, PEOPLE is facing challenges breaking the resistance area, evident from historical rejections in this zone. There's a possibility that PEOPLE will make another attempt to break out of the resistance area, a crucial step for sustaining the upward movement. A successful breakout could propel PEOPLE toward the next major supply area.
💎 However, if PEOPLE encounters resistance and fails to break out, it may face rejection and return to the retesting phase at the demand area.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, PEOPLE fails to maintain its position and undergoes a breakdown. In such a case, PEOPLE may revert to the next lower demand area, requiring a bounce to reclaim the demand before considering further upward or downward movement toward a strong support area.
PEOPLEUSDT(ConstitutionDAO) Daily tf Range Updated till 06-01-24PEOPLEUSDT(ConstitutionDAO) Daily timeframe range. after its massive pump and huge wicked out trapped a lot of peoples on that. its trying to stay above 0.03226 if it can it will have chances for retrace back. but that will require good amount of volume.
PEOPLE target 0.0174h time frame
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PEOPLE is creating a potential bottom head and shoulders, the right shoulder hasn't been created until breaking above 0.017, so we can set up a trading plan here to gain great risk to reward ratio, and if PEOPLE break out the long-term downtrend line, there are higher targets at 0.021 and 0.025.
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TP: 0.017 / 0.021 / 0.025
SL: 0.0106
PEOPLE/USDT It required Break the resistance to continue move !!💎 PEOPLE has undeniably garnered significant interest in the market with its recent breakout from a key supply zone, often associated with a consolidation phase, signaling a potential continuation of its upward trajectory.
💎 Currently, PEOPLE is encountering resistance at the $0.01360 level, a threshold that has proven challenging to surpass as evidenced by multiple rejections. Each attempt to breach this resistance has been followed by a retreat to the demand zone for a retest, a process that aims to gather the necessary momentum for a successful breakout.
💎 Should PEOPLE manage to decisively overcome the $0.01360 resistance, it is likely that we will witness a substantial upward move, the probability of the price toward the anticipated supply zone target.
💎 On the flip side, a concerning scenario would unfold if PEOPLE revisited the demand zone without showing signs of a bullish reversal or bounce. Such a development could indicate an inability to sustain the demand level, potentially leading to a breakdown below this area. This bearish turn of events would significantly increase the likelihood of PEOPLE reverting to a more pronounced support zone.
PEOPLE formed bullish Cypher for upto 28% pumpHi dear friends, hope you are well, and welcome to the new update on ConstitutionDAO PEOPLE.
On a daily time frame, POEPLE with BTC pair has formed a bullish Cypher move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✴️ ConstituionDAO Classic Chart Analysis With 120%+ TargetPEOPLEUSDT (ConstitutionDAO) is trading daily above EMA100, EMA50 and EMA10 as well as MA200.
These are short-term, medium-term and long-term moving averages.
MA200 is the most important one as this level has been conquered and confirmed as support, meaning, PEOPLEUSDT is setting itself up for long-term growth.
Then we have the classic RSI signal called strong/bullish when trading daily above 50. At 61 we would call this reading super strong.
The MACD is really good technically speaking, above zero, trending higher with green histogram and showing plenty of room available for additional growth.
Finally, we have a volume breakout as today's session produces the highest volume since December 2022.
All this is pointing to additional growth.
There is also a higher low, an ascending channel and multiple chart patterns... All bullish of course.
With that said, prepare for all scenarios if you decide to buy as markets are always evolving and anything you see now can easily change.
Namaste.