Hi firends! Seems like Elon going to buy the Twitter (TWTR). I think that DOGE can become the main crypto payment method inside this social network. Previously, Elon says that he want to introduce a paid subscription for write the comments and other other features if he bought Twitter. This is a huge opportunity for this mem coin and for all traders/investors.
🚩 Elon Musk suggests that the purchase of Twitter will help him accelerate the development of the social network X, and not to create it from zero.
📊 How it affect the DOGE coin?
✅ Technical analysis
DOGE return to the global trendline which I hope will be broken after the 4th test. Three test as the resistance were succesfull and the price fall.
Additionally, you see how many trades were inside the $0.46-0.67 value area. A lot of coins were bought by the big players and of course they want to sell it higher.
✅ Fundamental analysis
In the coming days everything will be clear with the purchase of Twitter. I think that after the final confirmation, Dogecoin will continue its growth despite the rise or fall of the crypto market as a whole.
The possible global targets for DOGE:
🔥$0.127-0.148 - the closest value area
🔥$0.24-0.27
If this coin will be accepted as a payment method, then DOGE can renew its all-time highs at $0.74.
📊 What other benefits can we get from the Elon's purchase?
Binance are also the part of this deal along with Mr. Musk. I think they will respond for the crypto part of the Twitter.
So in this case pay your attention on BNB. This is the real case when binance smart contracts can beat Ethereum. Maybe BNB overtake ETH by it's capitalization, if everything happen as I expect.
✅ My latest local idea on BTC are still in play. +12% profit in the 2 days! Congrats to everyone who follow this idea.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚩 Elon Musk suggests that the purchase of Twitter will help him accelerate the development of the social network X, and not to create it from zero.
📊 How it affect the DOGE coin?
✅ Technical analysis
DOGE return to the global trendline which I hope will be broken after the 4th test. Three test as the resistance were succesfull and the price fall.
Additionally, you see how many trades were inside the $0.46-0.67 value area. A lot of coins were bought by the big players and of course they want to sell it higher.
✅ Fundamental analysis
In the coming days everything will be clear with the purchase of Twitter. I think that after the final confirmation, Dogecoin will continue its growth despite the rise or fall of the crypto market as a whole.
The possible global targets for DOGE:
🔥$0.127-0.148 - the closest value area
🔥$0.24-0.27
If this coin will be accepted as a payment method, then DOGE can renew its all-time highs at $0.74.
📊 What other benefits can we get from the Elon's purchase?
Binance are also the part of this deal along with Mr. Musk. I think they will respond for the crypto part of the Twitter.
So in this case pay your attention on BNB. This is the real case when binance smart contracts can beat Ethereum. Maybe BNB overtake ETH by it's capitalization, if everything happen as I expect.
✅ My latest local idea on BTC are still in play. +12% profit in the 2 days! Congrats to everyone who follow this idea.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trade active
Hi friends! Doge break the trendline on BTC pump+news about Elon and Twitter deal.✅Congratulations to all who follow this idea and already get +24% from the entry point. I hope that is just the beggining!
Note
If you still don't open a trade on DOGE, you have a chance to make it using this scenario. 3 local targets for DOGE
Note
Trade closed: target reached
Trade closed: target reached
Note
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.