LIVEGreen Gorilla
@gorillacap
GreenGorilla here, aka GorillaCap. Crypto enthusiast, I research and share investment strategies and trends. Let's connect!
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Yesterday, $PEPE attempted to break through the key SSB level at the 0.618 Fibonacci retracement but failed. Worse, the prices then fell back below the SSB, crossing back down through the Ichimoku cloud, and are currently being supported at the Kijun level. We observe that negative selling volumes are increasing, and the bullish trend line is under attack at the current price levels. Additionally, the RSI is dropping from the overbought zone.
Given these factors, we might expect a potential rebound at the 0.786 Fibonacci retracement level. However, if this support doesn't hold—especially since current supports seem unreliable and no positive news is expected today—the prices might stabilize even lower than they are now. Currently, the price is at 0.00001260.
The silver lining is that if prices drop further, it could present a new entry opportunity. The main concern is if $PEPE breaks below the major trend line and continues to trade below the Ichimoku cloud on the 4-hour chart. The best-case scenario would be a rebound at 0.786 and a subsequent attempt to break back above the Ichimoku cloud, ultimately overcoming the SSB resistance on a second attempt.
Exercise caution and stay vigilant. Today's market may likely be a dull day of range-bound movement or price stabilization, without significant excitement.
Feel free to share your thoughts and questions in the comments.
#pepecoin🐸 #pepe⚡ #PEPE_EXPERT #TechnicalAnalysis
Given these factors, we might expect a potential rebound at the 0.786 Fibonacci retracement level. However, if this support doesn't hold—especially since current supports seem unreliable and no positive news is expected today—the prices might stabilize even lower than they are now. Currently, the price is at 0.00001260.
The silver lining is that if prices drop further, it could present a new entry opportunity. The main concern is if $PEPE breaks below the major trend line and continues to trade below the Ichimoku cloud on the 4-hour chart. The best-case scenario would be a rebound at 0.786 and a subsequent attempt to break back above the Ichimoku cloud, ultimately overcoming the SSB resistance on a second attempt.
Exercise caution and stay vigilant. Today's market may likely be a dull day of range-bound movement or price stabilization, without significant excitement.
Feel free to share your thoughts and questions in the comments.
#pepecoin🐸 #pepe⚡ #PEPE_EXPERT #TechnicalAnalysis
Currently, $PEPE is at a critical level on the 4-hour chart. Observing the Ichimoku cloud, the SSB aligns with the 0.618 Fibonacci retracement level, making this a crucial point for a potential rebound. $PEPE needs to pass this SSB to move to the other side of the Ichimoku cloud on the 4-hour chart, confirming a bullish reversal from the recent downtrend.
Additionally, we can see that the Tenkan is attempting to cross above the Kijun, which would be another bullish signal, with prices moving above both the Tenkan and Kijun lines, signaling a bullish alert. However, this resistance at the 0.618 Fibonacci retracement and SSB level is tough to break, especially since the Stoch RSI is currently in the overbought zone.
Despite this, if $PEPE manages to surpass this resistance, there's potential for a continued upward trend, especially as the lagging span has also crossed above the prices. These factors provide more positive than negative signals, but with the RSI so high in the overbought zone, the community needs to stay motivated for the bullish trend to continue. If $PEPE can reach the level from June 6, corresponding to the 0.382 Fibonacci retracement, we might later see a return to the all-time high from May 27.
Stay cautious, do your own research, and feel free to ask questions in the comments!
#pepe⚡ #PEPE_EXPERT #TechnicalAnalysis
Additionally, we can see that the Tenkan is attempting to cross above the Kijun, which would be another bullish signal, with prices moving above both the Tenkan and Kijun lines, signaling a bullish alert. However, this resistance at the 0.618 Fibonacci retracement and SSB level is tough to break, especially since the Stoch RSI is currently in the overbought zone.
Despite this, if $PEPE manages to surpass this resistance, there's potential for a continued upward trend, especially as the lagging span has also crossed above the prices. These factors provide more positive than negative signals, but with the RSI so high in the overbought zone, the community needs to stay motivated for the bullish trend to continue. If $PEPE can reach the level from June 6, corresponding to the 0.382 Fibonacci retracement, we might later see a return to the all-time high from May 27.
Stay cautious, do your own research, and feel free to ask questions in the comments!
#pepe⚡ #PEPE_EXPERT #TechnicalAnalysis
Technical Analysis of $BONK: Potential Support and Rebound Opportunities
For those interested in $BONK , a memecoin on Solana $SOL, it seems to have found support around the current price level at the 0.618 Fibonacci retracement zone. This support appears strong, especially since prices on the 4-hour chart have just crossed the Ichimoku cloud and exited on the other side, which can indicate a trend change.
We also observe that the SSB roughly corresponds to the 0.618 Fibonacci retracement level, further reinforcing this support trend. Another interesting point is that buying volumes are starting to increase significantly. The only negative point to consider is that the Stoch RSI is currently in the overbought zone, which could potentially cause a temporary price drop.
However, with this solid support, it is likely that the price will range while the RSI decreases, then take support on this strong point to rebound. Currently, the price is at a key moment where it touches the downward trend line that has been traced since May 28. This might indicate that the correction is over, although not necessarily. The current price configuration from a technical standpoint is quite interesting and gives a perspective of a potential rebound to watch for, and see if the trend reverses.
Despite the somewhat complicated macroeconomic context of recent days, $BONK has not plunged much lower, which would indicate that we are now in an accumulation zone rather than an intensive selling zone. All these elements confirm a short-term range trend and a medium-term upward trend. It would take very bad economic or macroeconomic news, particularly from the FED, for prices to resume a bearish trend and invalidate my thesis.
It is also important to monitor the RSI, which is currently in the overbought zone. For me, this RSI element is somewhat troubling and makes me hesitate regarding an entry point. If the RSI were low, the entry point would be much clearer.
Please remember to exercise caution and conduct your own research. If you have any questions regarding this analysis, feel free to ask in the comments.
#BONK #TechnicalAnalysis #Fibonacci #TradingSignals
#CryptoCommunity
We also observe that the SSB roughly corresponds to the 0.618 Fibonacci retracement level, further reinforcing this support trend. Another interesting point is that buying volumes are starting to increase significantly. The only negative point to consider is that the Stoch RSI is currently in the overbought zone, which could potentially cause a temporary price drop.
However, with this solid support, it is likely that the price will range while the RSI decreases, then take support on this strong point to rebound. Currently, the price is at a key moment where it touches the downward trend line that has been traced since May 28. This might indicate that the correction is over, although not necessarily. The current price configuration from a technical standpoint is quite interesting and gives a perspective of a potential rebound to watch for, and see if the trend reverses.
Despite the somewhat complicated macroeconomic context of recent days, $BONK has not plunged much lower, which would indicate that we are now in an accumulation zone rather than an intensive selling zone. All these elements confirm a short-term range trend and a medium-term upward trend. It would take very bad economic or macroeconomic news, particularly from the FED, for prices to resume a bearish trend and invalidate my thesis.
It is also important to monitor the RSI, which is currently in the overbought zone. For me, this RSI element is somewhat troubling and makes me hesitate regarding an entry point. If the RSI were low, the entry point would be much clearer.
Please remember to exercise caution and conduct your own research. If you have any questions regarding this analysis, feel free to ask in the comments.
#BONK #TechnicalAnalysis #Fibonacci #TradingSignals
#CryptoCommunity
For those who missed the purchase and the impressive rise of $NOT at the end of May and early June, which saw a spectacular increase of about 143%, it might be worth considering an entry now if the rebound confirms at the 0.786 Fibonacci retracement level. Currently, this level seems to be holding, and the RSI shows signs of recovery, slowly exiting the oversold zone.
We also observe that the buying volume, although relatively low at the moment, is starting to pick up, which could indicate a potential rebound. A positive signal to watch for would be when the price crosses the Tenkan (yellow line) upwards, especially if this line is at the descending trend line. This could signal a bullish alert.
The price drop of $NOT , although dramatic, is more gradual than its rapid ascent, indicating less panic among sellers. In the current market conditions, $NOT presents an interesting capitalization but remains susceptible to fluctuations due to macroeconomic events, which instill doubt among investors. Price variations are common for new tokens or those recently listed, but for those who believe in its fundamentals, the technical analysis suggests that this could be a good entry point if the rebound at 0.786 is confirmed and the downward trend line is broken.
Observe this carefully and remain cautious in the current market conditions.
#Notcoin👀🔥 #TechnicalAnalysis
We also observe that the buying volume, although relatively low at the moment, is starting to pick up, which could indicate a potential rebound. A positive signal to watch for would be when the price crosses the Tenkan (yellow line) upwards, especially if this line is at the descending trend line. This could signal a bullish alert.
The price drop of $NOT , although dramatic, is more gradual than its rapid ascent, indicating less panic among sellers. In the current market conditions, $NOT presents an interesting capitalization but remains susceptible to fluctuations due to macroeconomic events, which instill doubt among investors. Price variations are common for new tokens or those recently listed, but for those who believe in its fundamentals, the technical analysis suggests that this could be a good entry point if the rebound at 0.786 is confirmed and the downward trend line is broken.
Observe this carefully and remain cautious in the current market conditions.
#Notcoin👀🔥 #TechnicalAnalysis
Information about $NOT (NotCoin):
NOt is a Telegram-based game created by Open Builders. It has garnered significant attention, with over 30 million total players and up to 6 million daily active users. The game involves tapping a golden coin to earn an in-game currency called Notcoin. This currency can be used for various in-game purchases and upgrades .
Technical Analysis of $NOT :
Since June 4, $NOT experienced a noticeable correction, showing a downward trend for the past week following a sharp rise. This rapid ascent has now stabilized, with prices descending towards a potential buying zone. However, it has not yet reached the ideal buying zone, which lies between the 0.78 and 0.61 Fibonacci retracement levels.
Currently, the price should ideally drop to around $0.016 to enter the buying zone. The RSI has exited the oversold region, indicating a potential for a rebound if the price reaches the lower Fibonacci levels. Observing the 4-hour Ichimoku chart, the price is below the cloud, with the Tenkan line crossing the Kijun line downwards, suggesting a bearish trend. The current price pressure on the Tenkan line further supports this bearish outlook.
For cautious investors, it would be wise to wait and see if the price hits the 0.618 or 0.786 Fibonacci retracement levels for a potential rebound. This would bring the price back to levels seen at the beginning of the month. Monitoring the RSI on 1-hour and 4-hour charts could help identify favorable entry points.
#Notcoin👀🔥 #TechnicalAnalysis
NOt is a Telegram-based game created by Open Builders. It has garnered significant attention, with over 30 million total players and up to 6 million daily active users. The game involves tapping a golden coin to earn an in-game currency called Notcoin. This currency can be used for various in-game purchases and upgrades .
Technical Analysis of $NOT :
Since June 4, $NOT experienced a noticeable correction, showing a downward trend for the past week following a sharp rise. This rapid ascent has now stabilized, with prices descending towards a potential buying zone. However, it has not yet reached the ideal buying zone, which lies between the 0.78 and 0.61 Fibonacci retracement levels.
Currently, the price should ideally drop to around $0.016 to enter the buying zone. The RSI has exited the oversold region, indicating a potential for a rebound if the price reaches the lower Fibonacci levels. Observing the 4-hour Ichimoku chart, the price is below the cloud, with the Tenkan line crossing the Kijun line downwards, suggesting a bearish trend. The current price pressure on the Tenkan line further supports this bearish outlook.
For cautious investors, it would be wise to wait and see if the price hits the 0.618 or 0.786 Fibonacci retracement levels for a potential rebound. This would bring the price back to levels seen at the beginning of the month. Monitoring the RSI on 1-hour and 4-hour charts could help identify favorable entry points.
#Notcoin👀🔥 #TechnicalAnalysis
The memecoin $PEOPLE (Constitution DAO) has shown strong progress since the beginning of June, and the bullish trend seems to continue. After a slight correction on Sunday morning, it is now rising sharply compared to the overall crypto market. Despite the current high price, applying the Fibonacci retracement shows that it is not in a buying zone but continues to follow its upward trajectory.
On the 1-hour chart, using Ichimoku, we can see that it has taken the SSB as support for a rebound. The RSI is progressing on the 1-hour chart, having exited the oversold zone. This SSB corresponds to the 0.38 Fibonacci retracement level. On the 4-hour chart, the selling pressure seems to be slowing down, indicating a potential buying reversal for this token.
The downward trend appears to be slowing, taking a bit more time to confirm the trend change. We observe that the trading volumes are turning green again, suggesting that $PEOPLE is poised to climb back to the 0.236 Fibonacci retracement level. If this trend continues, it may soon reach its all-time high and maintain its upward momentum.
However, it's essential to note that this token is extremely volatile. With a market capitalization of $632 million, prices can still be quite manipulable. Large buys or sells by whales can cause significant price movements. Nevertheless, there is an underlying trend indicating that this token has substantial momentum.
It is advisable to monitor the RSI on the 1-hour and 4-hour charts to identify interesting rebound opportunities for this token, which is making a surprisingly strong upward run.
#PEOPLE #ConstitutionDAO #TechnicalAnalysis #tradingsignals #Ichimoku
On the 1-hour chart, using Ichimoku, we can see that it has taken the SSB as support for a rebound. The RSI is progressing on the 1-hour chart, having exited the oversold zone. This SSB corresponds to the 0.38 Fibonacci retracement level. On the 4-hour chart, the selling pressure seems to be slowing down, indicating a potential buying reversal for this token.
The downward trend appears to be slowing, taking a bit more time to confirm the trend change. We observe that the trading volumes are turning green again, suggesting that $PEOPLE is poised to climb back to the 0.236 Fibonacci retracement level. If this trend continues, it may soon reach its all-time high and maintain its upward momentum.
However, it's essential to note that this token is extremely volatile. With a market capitalization of $632 million, prices can still be quite manipulable. Large buys or sells by whales can cause significant price movements. Nevertheless, there is an underlying trend indicating that this token has substantial momentum.
It is advisable to monitor the RSI on the 1-hour and 4-hour charts to identify interesting rebound opportunities for this token, which is making a surprisingly strong upward run.
#PEOPLE #ConstitutionDAO #TechnicalAnalysis #tradingsignals #Ichimoku
For $WIF (Dog With Hat), on a broader spectrum, there is a slightly bullish underlying trend. It seems that the correction that started last Friday has ended, and there is currently a rebound zone at the 0.78 Fibonacci retracement level, which is a buying zone.
If we look at the RSI, we see that it has exited the oversold region, and if the trend continues, we could see an upward movement in the price of $WIF in the coming days.
Additionally, analyzing the 4-hour chart under Ichimoku, we can see that prices are currently crossing above the Tenkan line, which is a bullish alert and potentially indicates a trend change.
Therefore, it is important to monitor if this rebound is confirmed in the next few hours.
#WIF🔥🔥 #dogwithhat #TechnicalAnalysis
If we look at the RSI, we see that it has exited the oversold region, and if the trend continues, we could see an upward movement in the price of $WIF in the coming days.
Additionally, analyzing the 4-hour chart under Ichimoku, we can see that prices are currently crossing above the Tenkan line, which is a bullish alert and potentially indicates a trend change.
Therefore, it is important to monitor if this rebound is confirmed in the next few hours.
#WIF🔥🔥 #dogwithhat #TechnicalAnalysis
SOL (Solana) : on the 4-hour chart, we can see that the RSI is rising but is not yet in the overbought territory.
The Tenkan has crossed above the Kijun, and currently, the prices seem to be following the Tenkan's momentum.
A rebound has occurred at the 0.61 Fibonacci retracement level.
If the current trend continues, we can expect the prices to rise until they reach a major resistance level at the SSB, around $168.
If $SOL manages to break through the SSB and its cloud, we could see an interesting bullish reversal for Solana.
#SOL🔥🔥 #Solana #TechnicalAnalysis #Fibonacci #Ichimoku
The Tenkan has crossed above the Kijun, and currently, the prices seem to be following the Tenkan's momentum.
A rebound has occurred at the 0.61 Fibonacci retracement level.
If the current trend continues, we can expect the prices to rise until they reach a major resistance level at the SSB, around $168.
If $SOL manages to break through the SSB and its cloud, we could see an interesting bullish reversal for Solana.
#SOL🔥🔥 #Solana #TechnicalAnalysis #Fibonacci #Ichimoku
On the 4-hour chart, $DOGE currently shows an interesting rebound configuration. It appears to have minimal resistance above and has just crossed its Tenkan line. The prices will likely continue to rise and touch the Kijun line at the 0.61 Fibonacci level. This places $DOGE in the buying zone, with a rebound from the 0.78 level.
The RSI is relatively low, exiting the oversold zone, making this a good opportunity for those interested in entering to potentially benefit from a rebound.
While there are no certainties, the technical configurations suggest a possibility for upward movement. However, the volumes are relatively low since it’s the weekend. Technically, there seems to be room for prices to rise for $DOGE at the moment.
#doge⚡ #Dogecoin #TechnicalAnalysis #Ichimoku
The RSI is relatively low, exiting the oversold zone, making this a good opportunity for those interested in entering to potentially benefit from a rebound.
While there are no certainties, the technical configurations suggest a possibility for upward movement. However, the volumes are relatively low since it’s the weekend. Technically, there seems to be room for prices to rise for $DOGE at the moment.
#doge⚡ #Dogecoin #TechnicalAnalysis #Ichimoku
Currently, the prices of BounceBit ($BB ) are in a buying zone according to Fibonacci levels and are also in a rebound zone. We can see that it has already started to bounce off the 0.78 level, with the RSI beginning to exit the oversold region. Therefore, a rebound is expected in the coming hours.
There is resistance above the prices at the SSB (Senkou Span B), which is approximately at the 0.5 Fibonacci level. The 0.71 price level corresponds to this 0.5 Fibonacci level. Consequently, we could aim for either the 0.61 or 0.5 Fibonacci levels as targets. Given the current price, there is a potential gain of 10% up to 0.71.
This analysis suggests a promising outlook for $BB .
I would love to hear your thoughts and feelings regarding this technical analysis. Please feel free to share your impressions!
#bouncebit #TechnicalAnalysis #RSI #Fibonacci #Ichimoku
There is resistance above the prices at the SSB (Senkou Span B), which is approximately at the 0.5 Fibonacci level. The 0.71 price level corresponds to this 0.5 Fibonacci level. Consequently, we could aim for either the 0.61 or 0.5 Fibonacci levels as targets. Given the current price, there is a potential gain of 10% up to 0.71.
This analysis suggests a promising outlook for $BB .
I would love to hear your thoughts and feelings regarding this technical analysis. Please feel free to share your impressions!
#bouncebit #TechnicalAnalysis #RSI #Fibonacci #Ichimoku
$FLOKI is currently in an indecision zone. If we look at the buying zone, we are slightly above the ideal buying range, which is between the 0.78 and 0.61 Fibonacci levels. It might be best to wait a bit for $FLOKI to drop slightly further to hope for a rebound.
Additionally, there is the SSB (Senkou Span B) of the Ichimoku cloud above the current prices, which will complicate breaking above the 0.5 Fibonacci level. There is a double resistance, so at best, prices might range for a while; at worst, they could drop further before potentially rebounding.
In my opinion, it's not yet the time for a rebound, even though the RSI currently shows an interesting setup, recovering from the oversold region. The only positive technical point is this RSI, which seems to want to rise, but given the various resistances and the current price in relation to Fibonacci levels, I would not recommend buying $FLOKI at this moment.
Let's see how the price evolves over the course of the week.
I would love to hear your thoughts and feelings regarding this technical analysis. Please feel free to share your impressions!
#Ichimoku #TechnicalAnalysis #FLOKI✅ #RSI #Fibonacci
Additionally, there is the SSB (Senkou Span B) of the Ichimoku cloud above the current prices, which will complicate breaking above the 0.5 Fibonacci level. There is a double resistance, so at best, prices might range for a while; at worst, they could drop further before potentially rebounding.
In my opinion, it's not yet the time for a rebound, even though the RSI currently shows an interesting setup, recovering from the oversold region. The only positive technical point is this RSI, which seems to want to rise, but given the various resistances and the current price in relation to Fibonacci levels, I would not recommend buying $FLOKI at this moment.
Let's see how the price evolves over the course of the week.
I would love to hear your thoughts and feelings regarding this technical analysis. Please feel free to share your impressions!
#Ichimoku #TechnicalAnalysis #FLOKI✅ #RSI #Fibonacci
I have taken a screenshot of the current configuration to show that PEPE is in a rebound zone.
This screenshot demonstrates various technical parameters, indicating why I am bullish on PEPE.
The RSI is in an oversold region and is gradually starting to recover. Additionally, there is a trendline showing that the trend has hit three low points, and we have just touched the third low point. It is unlikely to go any lower because we are also at the 0.78 Fibonacci retracement level.
Therefore, the correction should be over, and it is highly likely that there will be an upward movement in the coming week.
I would love to hear your thoughts and feelings regarding my analysis. Please feel free to share your impressions!
#TechnicalAnalysis #RSI #Fibonacci #pepecoin🐸 #pepe⚡
This screenshot demonstrates various technical parameters, indicating why I am bullish on PEPE.
The RSI is in an oversold region and is gradually starting to recover. Additionally, there is a trendline showing that the trend has hit three low points, and we have just touched the third low point. It is unlikely to go any lower because we are also at the 0.78 Fibonacci retracement level.
Therefore, the correction should be over, and it is highly likely that there will be an upward movement in the coming week.
I would love to hear your thoughts and feelings regarding my analysis. Please feel free to share your impressions!
#TechnicalAnalysis #RSI #Fibonacci #pepecoin🐸 #pepe⚡
