PEOPLEUSDT.P trade ideas
PEOPLE/USDT strong trend hereHey Colleagues,
Today we came across PEOPLE/USDT today. We see a great opportunity for this coin to show some bullish candles soon. It has formed a nice setup where is it ready for a breakout. Trend is strong on this coin and all we need is additional confirmation which would be the breakout of that triangle formation. Target is open in green box and if we drop to $0.022 zone we would buy some there as well.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
PEOPLE/USDT : Breaking below the trendlineBINANCE:PEOPLEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$PEOPLE has tried to break below the trendline, But it seems to be failed to break below...
In terms of that, I want to split my entries, Cause there's still a possible weakness in the movement.
So, We have two options here.
- Enter Short based on invalidation, The trigger should be a break below $0.02400 and enter on the pointed arrow as a retest.
- Enter Short based on partial entries with active stop-loss at $0.02560 with a 4H close above.
So it's your choice, You know your risks better...
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
PEOPLEUSDT is creating a descending channelThe price is inside a descending channel above the 4h resistance on 0.02230$.
and dynamic support.
The price got a rejection from the dynamic resistance and static resistance on 0.024$
How to approach it?
IF the price is going to have a breakout from the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
People - Update of idea that gave 1:10
Last time we longed People and earned good profit. Now price is squeezing to support and I will short it.
Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 15 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 6th touch
⭐️ 30 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
People. You need to see this trendline!👀👀👀Reasons to take long IF BTC will squeeze back to daily VWAP:
⭐️ Trendline 2 months old
⭐️ Formation is clean
⭐️ We are in the end of formation
⭐️ 6th touch
⭐️ Price is squeezing to the trendline
⭐️ 30 ATR
⭐️ Over VWAP
If BTC will squeeze down to weekly VWAP, I'll take trendline breakdown.
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
PEOPLE LONG TRADE 20220616Signal: Green - Waiting on the upper ribbon
Context: Blue -> Green
PEOPLE , PEOPLEUSD , PEOPLEUSDT ,PEOPLEUSDTP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.