I promised days ago, that Im gonna start charting PEOPLE. Unfortunately, I didn't see any good signs, the past few days, and the chart is unclear yet. But now, I think I got the picture.
At the moment PEOPLE is trading at 0. 072. Yup it has slumped along with BTC. In the daily chart I can see a bull flag forming, candles are now hovering at the bottom of the flag. Suggesting that price may reverse as candles will ultimately climb back up to touch the upper portion of the flag.
Recently the KDJ oscillator is suggesting a bounce back to 0.082 and consequently 0.126. There's a heavy band of KDJ resistance along 0.08, so expect a rough ride along this zone.
Well, people is still bullish but do expect dips from time to time until it reaches the 0.126 target.
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