achooooooooool
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achooooooooool

PONKE is showing signs of breaking its downtrend. If the price remains above $0.172, we anticipate a strong bullish move. Based on Fibonacci extensions, the next potential targets are:1.68 Fib Level → $1.302.68 Fib Level → $2.00A breakout above this key level could confirm an upward trend, leading to significant gains. Watch for strong support at $0.172 and resistance near the projected targets.
achooooooooool

Everything is in accordance. Lets hopeIf we not going below the trend line, I would expect it in next 3 months.
achooooooooool

PEPE/USDT Analysis:Breakout and Pullback:After sharply breaking out of the falling wedge pattern, PEPE/USDT experienced a necessary pullback. This type of pullback is a common market behavior, often seen as a retest of previous resistance levels now turned support.RSI Analysis:The Relative Strength Index (RSI) is currently at the bottom, indicating that the asset is in oversold territory. This typically suggests that selling pressure has been exhausted, and a potential reversal or upward movement could be imminent.Bullish Wedge and Channel:We are currently at the bottom of the largest bullish wedge. This pattern, characterized by converging trend lines, often predicts a continuation of the upward trend upon a breakout. As long as PEPE/USDT remains within this channel, it maintains its bullish structure.Market Outlook:Given these technical factors, the current position seems to be the bottom. Maintaining the integrity of the channel is crucial for a healthy upward movement. Therefore, it’s reasonable to expect a bullish trend from this point.Conclusion:The combination of the falling wedge breakout, the RSI bottoming out, and the current position within the bullish wedge channel supports the expectation of a bullish reversal. As long as PEPE/USDT remains within this channel, the outlook remains positive, signaling a potential upward movement from this level.
achooooooooool

PEPEUSDT is currently trading at the bottom of a well-defined price channel. This suggests a potential buying opportunity, as the pair is poised for an upward movement according to recent technical patterns and Fibonacci retracement levels.Channel Analysis:- Support:PEPEUSDT has consistently found support at the lower boundary of the channel, indicating strong buying interest at these levels.- Resistance:The upper boundary of the channel has served as resistance, but a breakout is anticipated soon.Fibonacci Retracement:- Using Fibonacci analysis, the 1.618 extension level projects a target of 0.0002211. This level is often associated with significant price movements and serves as a key target for bullish trends.Conclusion:Given the current position at the bottom of the channel and the Fibonacci target, we expect PEPEUSDT to achieve the 0.0002211 level soon. Traders should look for confirmation with volume and momentum indicators to support this bullish scenario.Trade Idea:- **Buy Zone:** Near the bottom of the channel.- Target: 0.0002211 (Fibonacci 1.618 level).- Stop Loss: Just below the channel support to manage risk.---Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
achooooooooool

PepeUSD has recently formed an inverse head and shoulders pattern, indicating a potential reversal of the previous downtrend. After breaking the resistance, the price action suggests the formation of a cup and handle pattern, signaling a continuation of the bullish trend.Entry: Consider entering a long position above the handle's resistance level, around 0.000012 USD.Stop Loss:Place a stop loss below the handle's low, approximately at 0.0000095 USD, to manage risk in case of a reversal.Target:Target the second resistance level at around 0.000015 USD, where price may encounter some resistance.Risk/Reward Ratio:Ensure a favorable risk/reward ratio of at least 1:2, considering the potential upside compared to the initial risk.Note:Monitor price action closely for confirmation of the cup and handle pattern formation. Always use proper risk management techniques and adjust your position size accordingly. This idea is based on technical analysis and should be validated with your own analysis and risk tolerance.
achooooooooool

Description:PepeUSDT has recently touched its first resistance level and is now forming a cup and handle pattern, indicating potential bullish continuation. The cup and handle pattern suggests a period of consolidation followed by a breakout towards higher resistance levels. Traders may consider entering a long position with a target at the second resistance level, anticipating a bullish move. However, it's essential to monitor the pattern's development and confirm the breakout before entering the trade.Entry: Upon confirmation of the handle formation and breakout above the handle's resistance.Stop Loss: Below the recent swing low or the pattern's lower boundary.Target: Second resistance level or based on subsequent price action.Risk/Reward Ratio: Adjust according to personal risk tolerance and market conditions.Remember to perform thorough analysis and risk management before executing any trades.
achooooooooool

I believe PEPE/USDT has reached its bottom, and I'm expecting a significant upward movement towards the Fibonacci extension level of 1.618. This assessment is based on my analysis of the market trends and technical indicators, suggesting a potential bullish trend ahead.
achooooooooool

Based on the 1-hour chart analysis, the MACD indicator appears to be at its lowest point.
achooooooooool

This is my first published idea, I believe its too much responsibility to share your thoughts. However if you think its not true, please let me know.
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