Tesla ~ TSLATsla is meeting resistance here at the top of the channel and couldn't breakout above 1096 resistance which has continued to act as a brick wall, I think this one can have better prices in the coming days around 1048-1060 area. Blowing thru there we'd begin the drop towards 1020-1000 lvl.
SPX looks relatively strong despite the low volume to start this week and the only way we'd be going down to that 1000 lvl is if SPX begins to tumble down to 4700.
SPX staying above 4720 will continue bullish momentum.
ELON-MUSK
Tesla, more bullish than everElon Musk said he's done selling Tesla stock for now and look at the market reaction. It seems the perfect entry for Tesla and all indices. Once again if you trust Elon, you will be right in the market. From the technical analysis perspective, we can clearly see that the uptrend is resuming and ready to make new highs once again. Tesla is one of the best examples of buy and hold strategy. We bought it back in 2020 and we've been adding positions ever since.
DOGE - .2600 is IMPORTANT - board this rocket ship Here's why:
It's really all about the trend, and it seems to suggest we might see the next jump hit .36-.40 before coming back down quickly to .333-.311 and then heading up again.
I really bet we see this coin over a dollar in very little time, probably by the end of the year, maybe even by the first week of NOV.
The downside we could see if trends start to really break, would be right around .222-.1999
Good luck!!
PUNDIX consolidation $1.42-1.61Nice chart on a crypto dug up by Aussie buddy. Not sure where he found this bone but it looks like theres a possible runner here! WOOF! Pundix could be a nice runner or might bite. Assume the bite and prepare for the run... LOL
I know nothing about Pundix except that it's connected to Australia and that the only civilized country without a Human Rights Charter. A little wild, probably because Australia was jail island for the British so there's a concentration of bad boys and girls. And it also has half the world's deadliest animals and insects.
But jump on this animal's pouch with me, pull up a pint, and let's go hop to the best opportunitues. I need to make my way down under one day!
PS Do NOT traded with UDST, that's an illegal crypto as per their UK regulators, the world just hasn't clued in yet. Pick ETH as your trading pair on this but don't do market orders unless you with to pay for market lessons on this one. LOL
Note the bullish OBV, someone is accumulating quietly at this range. That's could be a pre-cursor to this dog running! WOOF!
ROBOTRADER DOGE Position HOLD pending Bull Run ReturnOn the Grandpa Robotrader account we are cautiously bullish. On the short term, DOGE, without DogeFather's assistance, might drop down and break support levels (yellow and orange lines). If we break resistance, .2788 ROBOTRADER would move 100% into DOGE with the "dog" portion of the portfolio. Sorry SHIBarmy, you need a leader. If Elon Musk supports DOGE versus 0% SHIB, so shall "Grandpa Robotrader" bias! We follow the guy who lands rockets and provides Uber delivery to the International Space Station for top world governments. SHIB has got a guy who can make and sell GIFs at incredibly high prices. OK, impressive that it's worth a billion. Let's see that the DOGE community comes out with. Elon, your dog needs your help. LOL
WOOF!
DOGE is part of the "shitcoin portfolio". These ALT coins are for the trade only. "Follow the parade trading" Investors should focus on real Bitcoin (own your keys) and Ethereum for crypto assets. DOGE, SHIB, TROY are all highly speculative trading tools, don't let them BITE YOU!
DOGE is not HOLD with bail out sub 0.2512 and dog pile in on a bull fun past 26 cents.
May you find, dig and bury the right bones you dogs. WOOF! LOL
This is not financial advice - you need a Wall Street PROfessional for that! LOL Pay them 2-3% and give them a dart board! Bet you a monkey does better! LOL
For investment, HOLD Bitcoin and Eth.
DOGE Run Is Over, Back To Joke Coin Lows Again!DOGE has finished its run folks, it went way higher than it should have to begin with and now its time to go back to where it came from. Everyone is calling a bull pennant which is not correct, there is no pennant its an upward broadening wedge which indicates a reverse in trend which in this case is to the downside. Indicators are also showing weakness. Take profits and don't get left holding the bag.
Dogecoin LONG to 200$Dogecoin is getting ready for its hyper pumps. 200$ targets Make sure to have at least some
Zoom in for more understanding of the idea this is for super long targets
Tesla breakout in mid august?If tesla is in a triangle and breaksout in mid August between 10-12 (note that last years stocksplit announcement was in 11 August.) then I would say Tesla would rapidly go up until the beginning of September and then drop again just like last year. That would mean my projection of $1400+ would be reached in 2 weeks which Tesla is know for having done before. Tesla follows the wyckoff pattern and has done a massive accumulation for many months now and will cause an even greater markup to distribute the bought shares by smart money at the top. Elon musk said that the company would perhaps have their company meeting in late July or early August which means that something could be decided then which could spark a move up.
This is not Financial advice only speculations.
Please comment any thoughts
BTC bullish short term scenarioAs we can see we are getting closer to the triangle apex... will it break up... i think there is a possibility because we had a looong time of chop and everyone got bored of this lazy PA. === someone was accumulating. So some move i expected.
This is not a financial advice... i am posting it only for educational purpose.
$TSLA is priming to lift off No news yet but Tesla looks ready to push toward new levels by the end of summer. Currently we sit in a bullish flag which could result in new all-time highs.
Chances are we could see one last retest toward $560 before finding enough fuel to breakout unless we see critical news released over the weekend (attention toward the plaid).
DCJ
Twas the night after ElonTwas the night after Elon
and his infamous tweets
the market is red
there is blood in the streets
this damn thing is dumping
a red wick parade
people keep saying bottom
but it keeps running away
It's a crazy ride down
This could last for weeks
So welcome to crypto
Buckle up, clench your cheeks
DOGECOIN TO $1.00?! - BULLISH ANALYSISAs shown in the chart, Doge is currently holding above a strong uptrend line and bounced off a support level around $0.37.
I also ran my Fibonacci tool from the most recent swing low at $0.158 to the swing high at $0.74. Price was in between the 0.5, 0.618 golden zone.
If you zoom into the 1h chart, you can see a double bottom pattern as well with both points bouncing off the 0.37 support level.
Not only was there a double bottom pattern, Elon sent out his tweet that day on May 13/2021 mentioning that he's working with Doge devs. Price then pumped to $0.50+.
Despite all the crap Elon talked about Doge on SNL and the following dump in price, I did not think price would fall below the $0.35-$0.40 area, so it was a definite buy.
Elon Musk Tweets affect Bitcoin Price? Really?No!
It's the Volatility.
See where he tweeted and where Price Action moved to and where it reverted.
It's all by the numbers, baby.
Proper maths.
Standard Deviation of Returns.
See it on this chart with some of the best volatility indicators you can find right here on TradingView thanks to @balipour and his crew.
Doge making a inv. H&S in a inv. H&SWe just witnessed a fast drop after a failed attempt to pass the 0.7 usd level.
Nevertheless we have reached this level already, so this temporary correction is healthy and may have caused a right shoulder of a wider inverted Head & Shoulders.
In the right shoulder, we can see an inverted H&S forming as well.
Last correction happened on the support of 0.6 usd, which is exactly the neckline of the larger inv. H&S.
All these indicators show that a jump to 0.9 - 1.0 usd is imminent.
Only if we would not get back to previous levels again, and break the 0.6 usd support to the downside, we could have a larger correction to the 0.5 usd level, but this is in my opinion on a short term less probable.
Remember most posts I saw on TV at the 0.6 usd level, claimed to have a break and correction to the 0.4-0.45 usd level, but were all invalidated due to Doge's bullishness.
Above Doge has increased in value with a lower average trading volume, which means the bulls have the upper-hand.
Personally I like to invest more in fundamental coins and tokens, but in this case I had to go with the flow after the first large correction and consolidation of Doge and I saw the 0.08 level the best entry, as posted in previous charts.
Technicals of Dogecoin are stilll ok. If an insane bullish momentum would happen on very short time, it might be smart to take gradually some profits and swap for underrated top coins, certainly if you have entered the market soon enough.
If you are a long term investor, I cannot predict the future, so keep and believe I would say.
In the meantime, I see no real threat at the moment.
Elon might be really the doge-father after all..
Countdown to SNL live, on NBC, May 8, 11:30 pm ET.