PEOPLE/USDT might be good for long
Hey guys 👋
Another one on our watchlist is going to be PEOPLE/USDT pair. We haven't taken look at that for some time now so here we are. Well first thing we notice here is triangle formation (descending wedge). Price seems currently trying to break that resistance near EMA200 zone which will lead the price to go near upper side of that formation. Breaking it would be considered as a good entry zone for a buy position.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Another one on our watchlist is going to be PEOPLE/USDT pair. We haven't taken look at that for some time now so here we are. Well first thing we notice here is triangle formation (descending wedge). Price seems currently trying to break that resistance near EMA200 zone which will lead the price to go near upper side of that formation. Breaking it would be considered as a good entry zone for a buy position.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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