ELON
Bitcoin Hype is real!We all know bitcoin will continue the upwards trend....after this dip. Hopefully it reject the current support zone and moves upward. I personally have it surpassing 50's.....but to be humble about it.
Strike price: $45700 and beyond.
Lmk what you think!
Like, Follow, Agree, Disagree!
-Amateur Robinhood Trader lol
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
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?
Dogecoin (DOGE) • More upside likely to come BUTDoge hit another ATH. Taking a fomo long here is risky but since we are still above trendline basis we can take with a 10% of typical position size and stop immediately below the trend-channel basis.
Next best RR setups come at 0.55 or at the last point of support at 0.044.
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!
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.
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! 💙💯
AMC ST (February 2nd 2021)AMC Entertainment (February 2nd 2021 through March 2021)
Low: $0.15 - $2 - $4
High: $9.89
So in the short term, it's not looking good. Technically this could still get a bigger short squeeze in the future but we have a period of consolidation ahead of us for now if that will even be possible in my opinion. Otherwise this will get driven right into the ground. Grab the popcorn, it's heating up. The battle is on.
I do not have a lot of hope for the smaller retail traders right now. From what it looks like, a 4.236 fibonacci was fulfilled and there will need to be a LOT of buying to help recover past those levels again.
Now, if we imagine a scenario where the coveted pump happens so long as the bears aren't going to take over completely, the next levels to watch for serious selling action for could be: $40 - $64 - $88 - $102 - $165 - $264
But it needs to top its last high of $25 first, and it can be possible but is a lot less likely now that price has shuttered as much as it has the past couple days. Not looking good in my opinion but this will be interesting to watch.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
AMC ST Update (Feb 4th 2021)AMC Entertainment (AMC) (February 4th 2021 through February 18th 2021)
(Potential entries) Low: $0.57 - $2.00 - $3.13 - $4.81
(Potential swing high levels) High: $5.08 - $6.28 - $10.10 - $10.94
I am looking for price action to come down near where I have placed 2 orange boxes for potential entries for future prospects of AMC. If people (WSB) manage to squeeze AMC harder a second time, there's a chance it never even comes down to where I anticipate it but I feel it will be very likely for it to keep crashing since the crazy peak, and maybe return to baseline/normalcy around $1 to $4.
A good entry might be found anywhere from $2.00 to $4.81 in my opinion, but it really depends on if WSB actually pulls off a second squeeze for how long it would take to realize profits on the next run. If its truly returning to baseline, $2.13 and lower should be expected, I think 57 cents would be the absolute most drastic possible.
I've placed a couple white trend lines just to see if any of it correlates with a path, but I've also scribbled the green, orange, and red brush lines for other potential levels I can see price coming to at those times. No idea which path will actually happen if any of it is even right, just watching closely for now.
Related idea attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
DOGE COIN HEADING UPDoge is a buy for the long term I believe.
Doge has held key support levels.
It is making higher highs and higher lows, and respecting the new levels when they're created.
Finbonacci retracement shows it is at a key zone around .5
Aside from looking technically sound, DOGE is extremely cheap and has caught the attention of Elon Musk who is a big supporter of crypto in general. I believe this is a HOLD for long term.
BTC is in it's correctional wave/retestLot of calls for a bull run. I wouldn't necessarily disagree with it, but I'm still short long term on $BTC. We've gotta follow the fundamentals and patterns of what charts do. From my understanding, an asset's trading price typically retraces back to the point where it broke out or broke down. So with the Elliot Impulse wave down and the typical ABC correction wave, I believe price will be inching towards retracement of 37.5K. There is a chance that it touches or breaks through the new upper trend line (thank you Elon), but we still have a lot to retrace back down and can't imagine BTC going past 41K.
Good luck and trade safely. ANYTHING can happen!
Nokia MT (February 2nd 2021)Nokia (NOK) (February 2nd 2021 through 2022)
Low: $3 - $5
High: $9.44 - $21
So I understand there is some financial madness going on right now.
Here's a scenario that shows how a short squeeze could hit monstrous levels provided it actually gets executed correctly.
I do not have the most hope in this chart but all the paths I've provided are just ideas of certain price levels that seem important to me.
This could end in glory, blood, or hit glory and end in blood. Who knows, but its very interesting to watch all these speculations play out with WSB reddit.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
POTENTIAL TRADE SET UP FOR ETHUSD PLAN
- Open a short position at 1314-1328 and set a stop loss at 1407.
- Set Take profit price at:
1. 1256.60
2. 1127
3. 1052
- High risk but higher reward, 1:4
INFO
- "DOUBLE TOP" or M formation and "HEAD AND SHOULDERS" in play within a symmetrical triangle. Breaking down can bring us to 1050 or 956.
- HIGH VOLATILITY EXPECTED WITH VOLUME TO PUSH PRICE BACK INTO THE BIG BULLISH RECTANGLE CHANNEL.
- GRAYSCALE HAS OPENED THEIR ETHEREUM INVESTMENT BACK, cryptopotato.com
- They might be waiting for the price to dump so they can buy the dip.
SIGNING OFF,
THECRYPTONIZER