3000 ELON if Breakout on Hourly, 2 Measured Moves
2 Measured Moves show ELON will hit the 4.618, about 3300 or so, has to break triangle and continue with bull flag and triangle. Both measure to the star on chart. Hourly is a short time frame but after A paribolic run, and also look at market cap. The 4.618 is about a 3 billion market cap, good point to take profit and buy back in retracement.
Watch the rest of market, if BTC can 3x, market cap of all crypto to 10 trillion, 4x, then the price of Elon will float up as well.
Watch the rest of market, if BTC can 3x, market cap of all crypto to 10 trillion, 4x, then the price of Elon will float up as well.
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.