Good morning investors! How is your heart regarding the market of #criptos ? Are you happy or disappointed with the crypto market, or is nothing bothering you?
To enter this market, you need to prepare your mindset, both for #ganhos and for #Perdas .
In this market, either you learn or you are at the mercy of other people who can help you or sink you. The ideal is that you learn and understand how it works so that ill-intentioned people do not harm you.
I find it interesting that people feel fear when the market is in decline, but today that no longer affects me; it was those fears at the beginning that made me lose a lot of money.
I can list some of the investments that could have made me rich if I hadn't listened to people who claimed to be experts and criticized these cryptos.
#btc o Bitcoin was approximately $700.00 #ltc o Litecoin was approximately $1.38 #doge o Dogecoin was approximately $0.000019 #xrp a Ripple was approximately $0.20
How much are these mentioned cryptos worth today? I could have been more cautious and not listened to those critics.
Nowadays, the same people who criticize are out there speaking badly of $PEPE e and other projects.
Stay strong and never listen to people like that; they will never prosper and don’t want you to prosper either.
Take risks; if the crypto turns out to be a scam, you tried, but if it rises, you will be the next millionaire.
$PEPE fear of losing everything or winning a lot ?
In the daily chart of PEPE/BRL on Binance, we observe the following:
Recent uptrend: After a period of consolidation and lateral movement between March and April, the price broke above the 20-period exponential moving average (EMA 20) and is now above it, indicating a possible attempt at a bullish recovery.
Support at EMA 20: The 20-period EMA is serving as dynamic support — the price has respected this average in the last candles, which is a good sign of buying strength in the short term.
Decreasing volume: Volume has decreased slightly in the last sessions, which may indicate a loss of strength in the current movement. This suggests that the market may be entering a zone of indecision.
Critical region: The price is close to the psychological resistance of 0.00005000. This level has been tested recently and could lead to either a breakout with continued upward movement or a correction.
Summary: The asset is in a consolidation zone just above the EMA 20. If it maintains above it with increased volume, it could seek new highs. Otherwise, it may correct down to the average or below it.
This chart shows the pair $PEPE /BRL (cryptocurrency $PEPE quoted in reais) on the Binance exchange, with candles in a 1-day (1D) interval - although, interestingly, the time axis indicates short periods (it seems to be showing hours of a single day, suggesting that the chart is set up to display a daily window with minute candles).
Here are some observations:
1. Current Price
The price is R$ 0,00004977, with a decrease of -0,00000032 (-0.64%) for the day.
2. Candles
Green candles indicate that the price increased during that interval.
Red candles indicate that the price decreased.
There was a sequence of declines after the peak at R$ 0,00005057 at 6:45.
3. Volatility
There is quite a bit of variation in price within a short period of time, indicating high volatility, common in #memecoins like $PEPE .
4. Recent Trend
The price had a peak, but shortly after fell with red candles dominating the end of the chart - indicating a correction or the beginning of a trend reversal.
5. Key Levels
Recent resistance at 0,00005066.
Support observed around 0,00004960 - 0,00004970 (near the current price).
Here is a complete analysis considering the main visible elements:
📊 General Context
Chart time frame: 1W (weekly)
Pair: PEPEBRL (Pepe in reais)
Visual tools: Fibonacci, EMA20, volume
🔍 Fibonacci Technique
You have drawn a Fibonacci retracement starting from the top (0.000017243) to the bottom (0.000003142). The important levels are:
Currently, the price is at 0.00005053, still below the 0.236 retracement. This indicates that there has not yet been a solid reversal – the price is just exiting a consolidation/drop zone.
📈 Exponential Moving Average of 20 (EMA 20)
The EMA 20 is at 0.00005923, above the current price.
This still characterizes a downtrend on the weekly.
Breaking this EMA strongly would be the first positive technical signal.
📉 Volume
The most recent volume appears to be increasing, which may indicate that buying interest is starting to return.
⚠️ Attention Zones
Strong support: Region of 0.00003142 (previous bottom).
Immediate resistance: EMA 20 and the level of 0.000059 (average and previous resistance).
Decisive resistance: 0.00008632 (38.2% Fibonacci) — if it breaks here strongly and with volume, it could reach higher levels.
📌 Interpretation
The asset is coming from a strong correction.
It is trying to form a double bottom in the region of 0.000044–0.000050.
Breakouts of the EMA and the Fibonacci levels will be signs that the asset may be reversing to the upside in the medium term.
The trend will only be more solidly reversed upon breaking 0.00008632 and consolidating above.
🎯 Possible Technical Strategy (not a recommendation)
If you are already positioned below 0.000041...
Plan A (swing trade): hold while above 0.000044 and aim for:
First partial at 0.00006470
Second partial at 0.00008632
More ambitious target at 0.00010192+
Plan B (stop): stop below 0.0000442 (recent low), or below the region of 0.00004000 if you want to give more margin.