If this is incorrect, i may have to restart learning from the beginning. And if it does happen, it will happen in a matter of 2-3days time, at the same time get the stop loss ready. Even if this wave analysis turns out to be completely wrong, we will still manage to find an entry on the uptrend. Let's go!!
Overview: BINANCE:PEPEUSDT PEPE experienced a brutal three-month bear market, shedding around 80% of its value from its peak. Currently, PEPE is at a crucial juncture, having reached an important cluster support level—a zone historically respected by traders and often indicative of short-term reversals. Technical Analysis: - Bearish Trend (3 months): An 80% decline signals severe selling pressure, common in meme coins after parabolic rises. - Cluster Support Zone: The current price area (highlighted clearly on the chart) has historically attracted buying interest. It has served multiple times as a pivot point. - Price Action: The recent bounce looks tentative, indicative of a potential "dead cat bounce" scenario—a temporary recovery in prices before a continuation of the bearish trend. Key Levels to Watch: - Immediate Support: Current cluster around 0.006-0.007 USDT. A decisive break below may trigger another sharp sell-off. - Resistance: Strong overhead resistance around 0.010 USDT, crucial for bulls to regain control. A failure to breach could confirm bearish continuation. Opinion: From my experience navigating multiple crypto cycles, meme coin rallies typically end in severe corrections like this one. A bounce at current levels is expected, but caution is essential. This looks like a classic bear market relief bounce rather than a true trend reversal. Trading Strategy Recommendation: - Short-term traders may consider playing the bounce cautiously, setting tight stops below the recent lows. - Long-term investors should remain cautious. Wait for stronger confirmation, ideally above resistance at 0.010 USDT, to confirm the bearish trend is weakening. Conclusion: PEPE is currently at a critical inflection point. While a short-term bounce is probable, remain vigilant for confirmation before taking major positions. Protect your capital and trade wisely. Stay safe & trade smart. What do you think about PEPE's current situation? I'd love to hear your insights below. #PEPE #CryptoTrading #TechnicalAnalysis #CryptoVeteran #TheCryptoFire
It was another golden trade!!! open buy positon in a riversal zone and keep the trade open till the third target!!! I will close the trade at this point...
CME_MINI:NQM2025 - PR High: 19909.75 - PR Low: 19880.00 - NZ Spread: 66.75 No key scheduled economic events Maintaining 2 week range, inside previous session range near the close - Previous session closed inside print - Advertising rotation back to week lows (constantly has been used for liquidity) - Relatively tight PR Session Open Stats (As of 12:55 AM 3/21) - Session Open ATR: 459.60 - Volume: 26K - Open Int: 226K - Trend Grade: Neutral - From BA ATH: -12.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 18675 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
The stock has shown strength lately by not falling during market correction. Now, it can break out in (5) of 3.
This is a long video where I reviewed indices, mostly tech stocks, Bitcoin, Oil, and Gold. In summary, I think that we are in a bear market now.
Good morning traders USD/CAD for the London session we expecting to see price deliver lower to take out yesterday’s low marked sellside liquidity. Good luck
Disclaimer: This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Double digit ROE and ROCE Current price < Intrinsic value PEG Ratio
Disclaimer: This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.