6 year old's Chart Analysis SHIBI think SHIB is too much fun haha... I've sold some today to buy ELON and DOGE again (same shitcoin category?). This SHIB dip seemed too calm, I guess the old heads were waiting to see a flush down. I'm not convinced that we are out of the woods yet, but if it's going up, I won't fight it. Kraken kids seem to have a lot of money lol.
ELON
ELON- Dogelon Mars getting ready for a 5 to 1 If Elon shows support at .00000125 I think that it has a chance to keep dropping to 0.000001 but it also has a chance to run to all time highs. Why not. If it gets lists on CB or Binance it's gonna go bananas.
ELON, IS THIS IT?Hello everyone,
As many have probably noticed, the crypto market took a small hit this morning in result of the stock market dump at market open.
A small dip in crypto as a result of a stock market crash is expected but crypto should see a nice and quick recovery imo as people move out of stocks and into crypto and other assets.
As far as ELON goes, it has been a frustrating week for us as ELON has refused to break to the upside but.. it also has maintained above our ORANGE line for the most part and always has climbed right back above it even when it wick'd below.
As is the case now. Currently, ElON is sitting right on top of our ORANGE support which is a good sign as long as it can stay above it.
I have also drawn out what appears to be bullish divergence on the 4hr chart, another good sign.
With that being said, there is always risk in trading and not all trades can go our way as much as we would like them too. Please manage your own risk accordingly.
Watch that ORANGE line closely. even an hour candle close below it at this point could spell disaster.
Also take note that our EMAs (that is a 20 period and a 200 period on my chart) have not yet crossed bearish which is yet another good sign but we will want to monitor those as well.
UPDATES to come...
:)
Saitama BULLRUN Begins Soon!!With the Certik audit underway, Kukoin listing should be announced any moment, with the release of Saitamask, and other major listings on the way I would say we are in the calm before the storm! If you havent researched the Saitama brand i strongly advise you do so! The price you see now may be a thing of the past in the next few days! As you can see on my technical analysis we are currently in an uptrend and are bouncing off support. This may be a good area for entry if you are looking for one, I hope this information was helpful and I wish you all the best!
Dogelon Mars ($Elon) 30min Technical Analysis$Elon has shown much support from investors in the past month and now it's time to balance out and reflect its true value. The price is assumed to drop for the next couple of days, fix itself, get steady, and then begin to gain volume and increase in price again.
(This is just an opinion based on technical analysis studies, not a financial advise, not a guaranteed outcome)
I'm waiting for this area to BUY Shiba Inu ;)I think this depends so much on social media and tweets. Big guys need to sell... happy for more exchanges to list at this time so that they can sell. Just my thought, I've learned that technical analysis is seemingly pointless in crypto. That being said, I'm ready to buy at any moment lol. BTW anyone staking anything while we wait?