Mock Up Price Action for PEOPLE | Near Term (30MIN)
Mock Up Price Action for
PEOPLEUSDT
| Near Term (30MIN)
- Watching and waiting for THE opportunity to enter short, targets under consideration marked
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, with the second peak for 1000PEPE2 at roughly 40% higher than the first.
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
PEOPLEUSDT
| Near Term (30MIN) - Watching and waiting for THE opportunity to enter short, targets under consideration marked
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, with the second peak for 1000PEPE2 at roughly 40% higher than the first.
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Comment:
Adjusted setup (4HR)
