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DOGE / BTC After the super pump, a triangle is formed. Elon MuskDOGE / BTC After super pumping the price, a symmetrical triangle is formed. We see the ransom squeeze from its lower border. If a given triangle forms, its base is 300%. Let me remind you that the accumulation pump, depending on the exchange, was about + 1500%. If we assume that a triangle is formed, then it will be fully worked out in cases of a breakthrough of the resistance of 300%, and if, after working out, the upward trend of insanity continues and the "new advertising personality" announces that his toys for adults and wealthy uncles will be sold for "national coin", then the triangle can act as a canvas of an upward pennant (unlikely). I think the real targets at the moment are a potential upward movement inside the triangle (about + 70%) and then in cases of a real breakout of the triangle - a movement to the previous maximum. This is not just a risky trade, but an extremely risky one, since the price from accumulation is currently about + 10X. I covered this topic in more detail in related ideas on DOGE (see below). Also, the price of this coin is based on the accumulation of 16 satosh, as well as the previous pumping before that. The new advertising personality of the crypto market is pulling the dog in every possible way. From time to time we see his different statements exactly at those moments where the price chart needs it. For example now: "If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo." He also did not mention that about 20% -30% of the positions after pumping on the dump were distributed to linked wallets, it is not difficult to guess which group of people they belong to. Yes, saint, he has no personal benefit). But, he could not make such a tweet when the position of 16 satoshis was recruited, but at 10X from the set, the very thing ... And it doesn't matter what the price will be next.
by SpartaBTC
14
Another clear corrective structure on TSLAToday, we will speak about the current structure we can see on TSLA . - Corrective Patterns tell us about the accumulation and distribution process. That creates sideways movements which form this Zig-Zag / Triangles / Irregular patterns - Breakout trading is about waiting for the breakout of a formation. We consider that the accumulation and distribution process is finished when a candlestick breaks above a key level (like the entry zones we have). Once that happens, we set our stop loss below the previous structure, which represents a demand level - The idea with this type of setup is to look for Risk/Reward ratios above 1.5 - In general terms, we can say that the Win rate of this type of structures is about 50% / Remember that the key here is the risk-reward ratio - Conclusion: This is a setup we will take, using 1% of the capital (RISK MANAGEMENT IS KEY). Entry / Stop / Take Profit are the ones you see in the chart. We will use the first fibo extension for break-even Thanks for reading!
NASDAQ:TSLALong
by ThinkingAntsOk
4
BTC/USD Top of the trend Triangle Soon the denouement PsychologyLocal work. Timeframe 4 hours. In a local uptrend, a diagonal triangle (rising wedge) has formed at its top, the price is practically in the corner. Soon, the denouement is an entry in the direction of a breakout or a rollback after a breakout, now it is not rational to enter a deal, you need to wait for a denouement. But you need to understand that there may be false breakouts, take this into account in your trading strategy and do not be deceived. And it only depends on your experience and what kind of trader you are. Pay attention, the price rises, the volumes decrease in a mirror image. Everyone is waiting for a denouement .... Analyze where this was in the history of the same Beethoven and what happened. If this triangle breaks upwards, then it can act as an integral part of an upward pennant with a target at the flagpole (impulse) of 24%. On the one hand, as I wrote earlier, with the marketing purpose of "z .. in the mask" and his leaders, whose will he performs rationally to maintain mass psychosis, break through the mark of 50 thousand "dead US presidents." Then I think all the SMM-controlled will explode from mass PR. Then any housewife will find out about the miracle bitcoin and will desire it for her pennies. If mass psychosis enters the "red zone", then we can see, not only the local goal of the "pennant flagpole" at the moment, but also to the number of God)) The opposite situation is when this local diagonal triangle is broken down for 4 hours and then there is no rollback (this is important) from the zone of the uptrend line (green uptrend). then this diagonal triangle will act as the 5th wave in the local given trend, which generates a weaker movement / wave, and, as a result, sub-waves within it, which we see in the form of a diagonal triangle. I advise you to study what 19 02 is and what events in the past are associated with it, this will be a hint for you, as well as an understanding of what process can start. 15-16 are also important, the completion of the formation of this triangle is not an accident. Bitcoin (process brand) is a greed virus to destroy the old governance system. Bitcoin (as a process brand) is primarily a greed virus in the system. The virus is planted in a nutrient pre-prepared electronic soil. There is no cure for this "electronic soldier", as in the world with an egoistic orientation everyone is sick. Someone less, someone more, but that's it. Including the management elite. The majority of residents of this plan (the level of development as a person) cannot refuse from "gifts" - huge sums of nothing that can be converted into real material wealth. The system kept the majority of the population on a "hunger strike" without providing resources. Keeping on a "hunger strike", the system controlled, but if the hungry are given their fill infinitely and in a short time, they no longer want to return to the "wheel and spin it for a pittance." A "full squirrel" will not want to "pedal" further. Little by little "human bolts" begin to fall out in the huge old, rusty, archaic control mechanism. Gradually, the management elite of the lower orders begins to "get infected" from the lower classes with the virus of greed, they cease to fulfill their obligations. The control mechanism is malfunctioning. Greed is capable of destroying any control system (without the shedding of large rivers of blood), which is subject to it and guides. Infecting more and more from the bottom, the system destroys itself from within. On the one hand, greed and selfishness put the whole world and its development on the shoulder. It was clear that this was a dead end and something needed to be done. So the idea appeared to solve the problem by the problem itself. These destructive qualities of people at the moment are destroying the old management system. Whoever thinks from the standpoint of money and greed will be crushed by it. Your pink dreams will remain so. A great resource in those who do not know how to manage it (personal benefit) is dangerous for everyone. One control system changes to another, and what it will be depends only on the thinking of the majority. If the majority has in their heads as now only egoism and personal gain (with the help of which the old is destroyed), everything will remain as before, only with another candy wrapper outside. What is in the head of the majority, then from the outside in the world.
COINBASE:BTCUSD
by SpartaBTC
50
TESLA - End of the rise???As you can see we arrived to an interesting part of TESLA price... We have recently seen a huge rise in the price of the Tesla, which is almost looks like a bubble. However, there are several signs that this rise is over and the correction is beginning. At the H4 time plane, peaks have already begun to decline and there is a narrowing of the exchange rate from which a huge movement is expected in either direction - as the uptrend has been going on for quite some time, a depth correction is likely to follow first to Fibo 61.8 , if calculated from the H4 correction. The other option is that the correction doesn’t go deeper, bursts up again, and Musk remains the richest man in the world.
NASDAQ:TSLAShort
by ForexFacts
1
BTC - Back on track! (Thanks to CEO of the world E. MUSK)BTC is back on track, thank you ELON Mother of all crypto is back on track after breaking ATH. After the bearish pattern breach (which was created by the ELON MUSH PUMP - look at my earlier chart), the breach was confirmed after the resistance line became support. After the breach a new support line has been formed (Yellow line in chart). This bullish support line has already been confirmed 3 times. The next question is what is next for bitcoin after the bearish januari pattern was broken. Bitcoin managed to stay in its larger timeframe bullish pattern. Elon musk The pattern is created by the one and only Elon musk, after the Elon pump now Tesla invested larges amounts in BTC. Also, Tesla is planning to accept BTC as payment method. From almost missing btc, Elon is now an early adapter with his latest Tesla action. The price range of 100k-200k by the end of 2021 is therefore still possible. Thank you all for you kind words and like, love! -SR7-Tradings
Long
by SR7-Tradings
5
Absolutely WILD Bitcoin surge above $42,000The prediction I made last week happened quite earlier than expected (thank you Elon Musk). Bitcoin decimated the $42,000 level and is now making new all time highs. This could mean a few things. This gap that has been created matched with the upside volatility could create a big retracement that would come out of the channel depicted above and move to the lower $30Ks (to the bottom of the trendline). On the other side, it could also mean that we will not see a sub $40K bitcoin and we would be moving on the next key level: the 3.618 Fibonacci retracement zone corresponding to around $60K. But remember that people are becoming more euphoric and greedier. At this point, I remain cautious about it and only time will tell. Nevertheless, this is a major point in this cryptocurrency bull run, that has in my opinion, only just started. What do you guys think?
COINBASE:BTCUSD
by mounirs08
3
Doge to moon!Hey! I am back with yet another idea. Dogecoin, a meme coin that is being widely accepted as a payment solution between many young enthusiasts. Remember, it doesn't have to have a perfect payment solution, it's about adoption, and an idea of paying via Meme is crazy and possible at the same time! The richest man on this planet is praising this Coin, my idol. I am in since $0.048 cents and I am looking to make a 100% profit on this coin and taking profit slightly below $0.10. I believe the price of Doge can easily go above $0.10 Technical aspect is saying that gains are likely to be extended in the next couple of days. Good luck!
Long
by TiborVrbovsky
1
Doge (1 hour Graph) BullishHello Traders, Artists and Seekers, You have arrived to a new analysis about DOGE/BTC. The perspective you receive is from an hourly timeframe. As you might have noticed, DOGE is being promoted in very extreme ways by people with a very large amount of followers on social media. It seems like as if DOGE is being used as "a fight against the establishment", because of the terms being used in social media like "Doge is here for the people" "Doge, the people's coin" Doge to one dollar" etc. Besides the fight being stirred in the minds of the people, I'm guessing that the leaders, who are in charge of the Doge movement, are testing what kind of influence they can yield, how far this price action/movement can go. From my personal personal perspective, I see the previous as a good thing, because without risking going to far, you'll never know the limit, if there even is one. As the price is determined by "what a crazy person will give to it" (a dutch saying), DOGE could indeed plant his dogprint flag on the moon and say high to the Russians and Americans or Americans and Russians. When looking at the chart above, we can see that Doge is forming two symmetrical triangles, a descending triangle (middle) and an ascending triangle (right). And those symmetrical triangles are forming within a huge bull flag. Taking all the above into consideration I see DOGE/BTC as extremely bullish. My price target is at 0,00000553. However we are living in a fast paced changing world and fear is, as always, just around the corner. Don't take the above as financial advice, it is not. My best advice for you is, learn the basics and be a student, not a follower. Make sure that your decision is the product of you own conclusion. Dear reader. We don't know each other. But through these lines, we have met. I hope u enjoyed reading the above and sincerely hope you will reach whatever goals you have set for yourself. A suggestion for you personally: set higher goals! Until we meet again. Some practical issue's: If you like, hit the like button; After hitting the like button, leave a comment below becasuse I like to meet you also (a simple hello or so will do, but feel free to share your thoughts) If you liked reading the above, hit the follow button so that I know that you want more of this. Thanks.
Long
by Aroundthesun
4
BTCUSD projection for the weekendAfter doing some analysis on bitcoin we're currently in a bush Trent and I see the market breaking its previous high and we testing that area before making her house so we can expect to see big coin reaching $39,000 before finding any resistance but then eventually breaking that and going past the 40 K Mark. Please leave your thoughts and remarks on this analysis below and I will make sure to respond and also open to any request for new charts on different pairs, commodities, or currencies. Thanks! 💙💯
BITSTAMP:BTCUSD
by dylanfz