ELON
Why BTC might be around 80k soon (maybe higher)1. The Russia/Ukraine war that brough down prices to a strong trend (SEE LINKED chart: buy zone 2, BTC)
2. The freezing of accounts/financial war. It provides the news needed to get some bag-holders around 70k and 80k.
3. Fib numbers allow for it (everyone sees 70, but I think we have the momentum to head higher)
4. The weekly charts are heading towards a top
5. The Superbowl (Go Rams). SO many people (RICH people) were just blasted with crypto ads, and now seeing why crypto isn't so crazy due to the Russia situation. Psychology wise, It gives new investors a little thrill of watching their investment sky rocket until you pull the rug and they buy all the way back down to 45k over the next year. You have them hooked, and they'll have to defend their decision to buy the top by probably buying more on the dip.
6. Follow the trends
7. It gives the alt coins another chance to spike (especially DOGE) which Elon is NOW suddenly talking about again.
- Also GME and their NFT marketplace and Apple partnership possibility
8. Follow the MONEY!! So many companies were hiring crypto managers & specialists over the last year, that it makes sense they could be buying and/or accepting soon.
TL;DR - I think the drop from the Russia situation along with a big push to crypto is going to trigger a BIG move up over the next month.
My plan is to look for an exit around March 23rd to Mid April
Be aware that there is a possibility we see 36k and 38k again.
41-42k holding would be pretty bullish
DOGE: Can we see a dramatic move? 40%+ incoming?Dogecoin has been steadily declining for the past few months but is finding support in this area. We are nearing the trendline and a hammer can be seen. I anticipate a 40%+ jump by end of month. I'll begin to average into this with a mental stop. (My target orders are $.16, $.20, and $.26 based on current pivot resistance levels, with a soft stop loss under $.10). By the way, the crypto fear & greed index is currently showing extreme fear: alternative.me
It is possible that this might develop into a diamond bottom pattern where the price broadens, and then narrows before any lasting breakout.
Thanks for your thoughts on this...
$TSLA — Gap Fill Role Reversal ResistanceTesla has been sitting under a very strong role reversal gap fill resistance area for quite some time now.
We keep seeing this negative divergence between price action and volume as well.
I think the likelihood of a breakout above the area is slim because of my views on the broader market.
Options traders should give themselves time with this one and roll your stops down as the market slips.
Nobody is talking about the 800,000 vehicles they have to recall...
I don't want my idea to get flagged so just google "CNN 800,000 TESLA CARS RECALLED"
EGT 3 day chart, showing Adam and Eve and Bull FlagEGT 3 DAY CHART...charting a
large BULL FLAG.
look at the pole as well...
Notes of the chart are listed,
zoom in and take a look.
Its also showing Hidden Bullish
Divergence.
SHIB: A Roundtrip! Now What? CHASE IT!!We just poked through the MA200 YAY! In the short-term the Choppiness Index fell very low which means that a direction or trend has been chosen (duh lol). However, the RSI is now very high which means that it's overbought (on lower time frames). Feel free to suggest any other indicators that you like to use... Thanks for any comments or guidance, we are here to learn and profit.
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EDUCATION:
"The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). The Choppiness Index is an example of an indicator that is not directional at all. CHOP is not meant to predict future market direction, it is a metric to be used to for defining the market's trendiness only. A basic understanding of the indicator would be; higher values equal more choppiness, while lower values indicate directional trending." www.tradingview.com
DOGE: A 15-Min Chart of Levels to Watch!Can bulls carry this price right through that resistance? The .5 Fib is in the mid .1300's, if we fall below that again it could get ugly...fingers crossed.
$BTC bitcoin isn't going anywhere*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team is still holding the Bitcoin $BTC entry we made on 1/22/2022 at 35k.
This is how the monthly chart looks to us currently. It's important to remember that at the end of the day charts are just for reference purposes. Sometimes they are 100% correct, and other times they couldn't be further from the truth.
This chart depicts a tale of consolidation within the 32-42k range until March when $BTC decides to take its decided leap upward (or possibly downward). Crypto is however making new headlines and breakthroughs every day. NBA basketball superstar Lebron James recently announced a pact with Crypto.com for a Web3 project. Even in the NFL athletes like Aaron Rodgers, and Odell Beckam are being paid in Bitcoin. These things may not seem that important, but in reality, they actually are.
Michael Jordan, known worldwide as the best basketball player ever signed a legacy deal with Nike in 1984. Nike has become widely popular ever since and continues to grow even now in 2022. If Bitcoin started in 2009, just imagine what it's going to look like 25 years from now.
Many people feel as though they've already missed out on any potential Bitcoin run for the foreseeable future, but this couldn't be further from the truth. What Bitcoin will do within the next few weeks is uncertain, but my team is absolutely certain of one thing, and it's that Bitcoin isn't going anywhere.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Elon Crypto Another potential money maker in the future. As of right now the coin/token has nothing but hopes and dreams for sell. Due to it being largely traded and huge players buying it. If they do deliver on their promises at this price its a steal. This is very high risk with great upside potential.
SHIB: TOO MUCH TIME IS PASSING, LFG!!!This is frustratingly dragging on and attempting to void previous ideas and hope. However, I am still gonna double down and buy more. I'm still gonna be patient. I think a lightning pop to the .xxxx30s could happen at any moment. But most will use that to sell and exit, I doubt it can hold up. This is just my mini rant, haha I need encouragement from the #shibarmy... btw anyone else burning? LFG!
BTC: ROAD TO $70K AND BEYOND!July seems to be a very important month in the price history of Bitcoin. Despite recent volatility, we have not seen any major/decisive orders since July 2021. As of today, the next major resistance is at $42,xxx and the next major support is at $26,xxx.
So, bear flag or rising wedge? ...Hint, look at the decreasing volume ;)
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