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Elonmusk

DOGE - THE BOTTOM INDICATOR FOR CRYPTO?The "DOGE/USD" is since May - 2021 in a downward trend, and it is obvious that we can expect a trend reversal if necessary. > The meme coin "DOGE", has among other things by "Elon Musk", a large degree of awareness and will be known to most "RETAIL" investors. > Regardless of the media notoriety and the wildest stories of "new" millionaires, this "crypto coin" brings an incredible opportunity. = I'll let you know what this opportunity looks like and the price increase it could bring in the following lines. table of contents - 1st part = WHAT MAKES DOGE COIN SO VALUABLE? - 2nd part = TECHNICAL ANALYSIS - 3rd part = CONCLUSION PART ONE "WHAT MAKES THE "DOGE" COIN SO VALUABLE?" Due to the promotion of Elon Musk and other media relevant people, most people should know about this coin. > Everyone associates this cryptocurrency with "opportunity" - for quick money and possible wealth. And exactly these last two points target the "standard" - retail investor: "FAST MONEY" + "POSSIBLE WEALTH" . The Standard Retail Investor serves us as a "SENTIMENT-INDICATOR", with which we can better assess the current market situation with a closer look at the past. For this, I compared the past of the "DOGE" Coin with the "BTC" to come across the following result. = THE "DOGE" COIN BALANCED WITH THE "BTC" (in the last two "major" movements). = THE "DOGE" COIN BOTTOM. And by simultaneously, I mean - ONE AND THE SAME DAY -. = 09/15/2017 (bottom for BTC+DOGE). = 03/13/2020 (bottom for BTC+DOGE). SECOND PART TECHNICAL ANALYSIS As soon as you look at the "DOGE" Coin in the weekly / monthly chart, you immediately notice the "Falling Wedges" . > THE TERMINATION OF THESE "FALLING WEDGES" SIGNALED THE LOCAL BOTTOM IN "BTC" AND "DOGE" SINCE 2017. Additionally, we are in an upward channel, which has been - respected since 2014 . > In the beginning / middle of 2021 - we broke out of this "temporarily". > Since the beginning of 2022, we are on the way to the "trend channel center line" and could reach it shortly. > The "trend channel center line" represented a "point of interest" in the past, which means that a final bottom is not that unlikely. > The current "falling wedge" converges with the "middle line", which provides further support. Looking at the MACD in the daily chart, a divergence formed since September this year. > This would even support a bullish thesis, before the point of contact of the "middle line" and the "falling wedge", however, such a divergence cannot yet be found on the higher time levels. THIRD PART CONCLUSION "The past repeats itself, however it does not have to." With the current "macroeconomic" environment, at best, one can make guesses as to how the markets will behave in the coming weeks / months. > Nevertheless, keep in mind the repeating pattern. What would again support the thesis of a near "local bottom" are the emerging rumors of large accumulations (hedge funds / sovereigns) . The existing fear in the markets is the best time to set up for the long term, for people with good "risk management" and no false expectations of quick (=1-year) riches (=10-years). > Let's feel free to discuss this in the comments and share our perspectives, I'd be "burning" to hear your take on this. If this idea and explanation has added value to you, I would be very happy to receive a review of it. Thank you and happy trading!
BINANCE:DOGEUSDLong
by ZielIstDieAutarkie
8
BITCOIN TO $300,000 BY SEPT 2025Bitcoin LOG Cheat Sheet! Vertical Colors. Orange = Halving Green = Bullish Highs Red = Bearish Lows This is an estimate on the trajectory of a price forecast. Nobody can predict the future, and charting isn’t guaranteed that the past helps predict the future. This is all about what ifs. Could the next alltime high be $300,000 by September 2025? This is just perspective. Stretch the dates to see the dates, again its based on past history. No guarantee.
BITSTAMP:BTCUSDLong
by UnknownUnicorn2208604
2
🚩 Major Bull Flag Setup on $DOGE @elonmusk 🚀Hey traders! I've identified an exciting trading opportunity on CRYPTOCAP:DOGE with a major bull flag formation, and all eyes are on @elonmusk's involvement. Let's dive into the details: 📈 Technical Analysis: After a strong upward trend, CRYPTOCAP:DOGE has been consolidating within a well-defined bull flag pattern. This bullish continuation pattern typically suggests that the previous uptrend is likely to resume. With @elonmusk's tweets often influencing DOGE's price, his involvement adds another layer of potential volatility to this setup. 📉 Flagpole and Flag: The flagpole represents the initial sharp rally in price, while the flag is characterized by a downward sloping channel. This consolidation phase allows the market to catch its breath before potentially continuing the upward move. Keep an eye on the flag's support and resistance levels for potential breakouts. 🔍 Key Levels to Watch: Support: Look for the lower boundary of the flag pattern as a crucial support level. Resistance: Monitor the upper boundary of the flag pattern, which acts as a significant resistance level. Breakout: A decisive breakout above the flag's resistance could trigger a strong bullish move. 💡 Trading Strategy: Consider a long position on a breakout above the flag's resistance, accompanied by a surge in trading volume. Set your stop-loss below the support level to manage risk effectively. As always, stay updated with @elonmusk's tweets, as they can impact DOGE's price and alter the technical landscape. Remember to conduct your own analysis and risk management before entering any trades. 📢 Disclaimer: This post is for educational purposes only and should not be taken as financial advice. Let's stay bullish and follow the action on $DOGE! Share your thoughts and join the discussion below. #TradingView #BullFlagSetup #DOGE #ElonMusk #Cryptocurrency #TechnicalAnalysis #BullishContinuation #FlagPattern
Long
by STP_MrNodeItAll
2
GRIMACE/USDT 4H. New doge incoming. Idea + Chart.Hello everyone, in this idea i will try to share the ideology of Grimace and also we will look at chart. LFG. Grimace is the new coin which was recently listed on MEXC. The ideology of the project is very promising and here's why: 1) Big community(over 30k people community). 2) Potential Hype with McDonalds(Think about it). 3) New project(big potential for pump). Now let's move a bit to the fundamentals of the token. Once upon a time McDonalds had a "beef" with Tesla, in which it was decided, that McDonalds starts to accept Doge as a payment only if Tesla starts to accept Grimace. From that moment on people started to create Grimace Tokens, chasing the hype, but no one treated it as serious as Odyssey... This is the only Grimace token with over 2 millions $ capitalization. The huge work is being done in social networks. And the CEO is building hard. It's an open information. Now let's move to the chart. The full chart can be found on dexscreener. Mexc contains only part of the full chart. At the start of trading history we saw a little pump, after which the correction started. The price dropped down 66.14%(66/4) and reached 4.666$ price(exact numbers on MEXC). Something similar was on Apt chart at the listing. Pump at the start, then drop 66%, a little accumulation, final capitulation and then pump 500%+ in 30 days. After reaching 4.666 mark accumulation channel started to form, exactly as it happened on APT chart. Now, on Grimace, the channel is forming for 12 days. The amplitude is 72% for the "wide" channel and 42% for the "inner" channel. You might also consider that there might be a manipulation to collect the liquidity. In this case, as almost on every coin, it's about 25% potential drop below support zone - this will be enough to collect the paper hands. Hence it's about 3.5$ to be reached potentially(shown on chart). But it might also not happens. Only if market gives an opportunity to do so. Though at the beginning of trading history you, as MM, ain't interested in dropping price too low and giving people the opportunity to enter the market at cheap prices. You might also notice on chart that the downtrend line was formed at the start. Recently it was broken up and now the retest is taking place(shown on chart). The volume is starting to come in right now. Potential Double bottom might form with the base of 72%. Consider also the next thing - MM moves the price according to the market cycles(best case scenario), so he's not interested in pumping price "tomorrow". And probably he is not interested in giving money away just for free. So be patient and use ur own head. DYOR. Thanks for reading till the end guys. Long time no post, but coming with fresh thoughts. Profits to all. The potentials here might be taken conservatively. ATH as the potential target. 13-15$ range. Then it's an open space, but relying on Fib, the target of 23-25$ zone might be also mentioned. Potential support zone also shown.
GLong
by TradingTsar
$GRIMACE IS A NEW BIG ROCKETToday I will share with you one theory regarding the adoption of cryptocurrencies by large corporations and how McDonald's is moving towards the adoption of DOGE through the MEXC:GRIMACEUSDT coin invented by them. On January 25, 2022, Elon Musk tweeted the following: “I will eat a happy meal on tv if @McDonalds accepts Dogecoin” On 01/26/2022, the official @McDonald's account replied to @elonmusk tweet: “only if tesla accepts grimacecoin”. 06/06/2023 – the official twitter account of McDonald's announces Grimace’s Birthday. Would it be a coincidence if I said that Grimace's birthday and the listing of the token on MEHS were on the same date? July 12, 2023. McDonald's hasn't mentioned its character since 2018 before this day and now has launched a full-blown promotion? Okay, you'll say it's a typical memcoin created on a hype wave. And I'll say that the token was created in February 2023 and the development team didn't just create a sht. The coin was released with an 1,000,000 supply on the dogechain network. It had a capitalization of 13 mln (at the time of listing) and 12mln even before listing. Shitcoin? Okay, here are a couple more examples of why it's a gem: The team developed their swap tool the moment KibbleSwap stopped working and did it in 24 hours to ensure they could buy and sell tokens on the dogichain network for their users. The razrbochtik team created an earn-2-play game and has already paid out over $25,000 in 3 weeks The community is growing and rewards. More than 3 contests and 2 airdrops amounting to more than $150,000 were held in a month. The project has tokenomics, whitepapper and live twitter. The team has announced NFT, burning and steaming. Now take a look at the chart. In the support zone interest from buyers is not just from whitepappers who have been buying from the bottoms and made x1000, there is live buying going on in this range, which the market maker is holding back. Also, the team announced new listings, I am sure that on the tier1-2 exchange we will be able to break through the resistance of the phyb 0.362 and fly into the space.
GLong
by swanky-lol
4
Doge Coin – High Risk, High RewardTLDR: DOGE has been in a downtrend since May 2021. Overall DOGE’s price depreciated more than 90% since its ATH to its current value of 0.0619 USD. Although the chart looks bearish, I have some reasons to be optimistic about DOGE’s chances of future recovery (Twitter). This is a Degen play, not something to bet your house money on. DOGE Coin Long Term Chart Analysis If we examine the DOGE chart on the weekly timeframe, we can see a steady downtrend. DOGE’s downtrend has lasted more than two years. A closer look at the chart reveals a Descending Triangle within a Descending Triangle. Surprisingly, the Descending triangle broke to the upside and generated a 167% price appreciation. DOGE remained within the larger Descending triangle but now it is forming a Falling Wedge. The target of this Falling Wedge is a 125% price increase. We do not know if and when DOGE will break out to the upside, much less if the breakout will generate much profit. A breakout of the weekly RSI line resistance could be a clue but by then a lot of profit could be already made. This idea is far from certain. My approach is to buy a small bag and just sit on it until 2025. If it works-great, if not- also great. This a taco money trade. I don’t think that DOGE justifies more than that until it proves it has what it takes to break the downtrend. Trade Idea: Entry: 0.05 USD (wedge support line) SL: 0 Target:0.34 USD TP: 0.16, 0.34 USD.
BINANCE:DOGEUSD.PLong
by NewThoughtCrypto
🚘 Elon Musk Presidential bid Bullish For Tesla?We have a very aggressive uptrend on the Tesla (TSLA) stock. This weekly chart allows room for additional growth but once the move is ongoing is really hard to tell. It is easy to predict the reversal as we did in early January 2023 but it is hard to predict the continuation. Reading the chart is also easy so let me tell you what I see. 1) Volume is super good and rising. 2) The RSI is super strong and has room available for additional growth. 3) Chart structure is bullish. 4) Fib. extension calls for more. #1 Is the initial bullish move. #2 Is the corrective phase. #3 Is the resumption of the bullish wave... Sounds familiar? Bitcoin & the Cryptocurrency market is set to follow and grow. This chart is the confirmation. Elon's Musk presidential bid is bullish for this stock. Namaste.
NASDAQ:TSLALong
by AlanSantana
18
BTCUSDT 27500 SHORT. Bitcoin! It's the calm before the storm! Bitcoin! Bitcoin! It's the calm before the storm! The bad news. The Cross of Death. The price is below 100MA! The problems with Binance and Coinbase are just beginning! We can see on the chart that Bitcoin's price is in the short zone. We are below the 100 MA. Today's trading level is 27500 below short, above long! We also have the moving averages drawing a Death Cross. Take a look at the history. Before the Death Cross, Bitcoin is usually down 30%. While bitcoin is below 27500 trade short on the short list. BUYSELLSTYLE trading levels at 0706 Long ETH 1918 BNB 299.5 BGB 0.4911 MX 3.50 BIT 0.4971 LTC 91.47 AVAX 15.06 ETC 17.68 NEAR 1.53 KAVA 1.227 XLM 0.0902 NKN 0.1187 ICP 4.525 WOO 0.2315 HBAR 0.0499 UNFI 4.287 Short ETH 1778 BNB 272 BGB 0.4313 MX 3.20 BIT 0.4711 LINA 0.01366 MATIC 0.7896 ADA 0.3365 GALA 0.02705 IDU 0.3514 DOT 5.11 MANA 0.448 TRX 0.07681 WAVES 1.664 ALGO 0.1310 AUDIO 0.21 ONT 0.1957 CELR 0.01774 FLOW 0.642 XEM 0.0292 LQTY 1.023 COTI 0.0593 Guide BTC 27500 Above long. Below short. BTC 25810 Avalanche BTC 28477 Rocket ru.tradingview.com
Short
by BuySellStyle_engl
2
TSLA: 65% drop post split. $90 possibleHappy 2023 everyone, and thanks for supporting the channel. Looking at TSLA on the weekly timeframe we see that the price of TSLA is now inside a new descending/downtrending channel. The price of TSLA is currently trading below the 200 week EMA (Bearish sign), The RSI is in the oversold territory (Bullish sign), and we have a doji candle formation on the weekly timeframe which still can change before weekly closes. We have an accumulation zone from $110 To $168 which looks similar to the accumulation I saw back in August 2020-November 2020. Hopefully this doesn’t last as long. The Fixed ranged volume profile provides us with a point of control at $180. This is also where we have FIB golden pocket. Looking to see a confirmed doji candle on the weekly timeframe before believing the bottom is in. Otherwise I believe the bottom for TSLA can easily be the August 10 2020 low at $90. If the bottom is in then I am looking forward to see how the price reacts at 200 EMA and the $180. I am long term bullish but I love buying as lonq as possible. Defiantly will not be surprised if we go below $100 and I'll buy more. Thanks for reading, and Stay tuned. Please share your thoughts and comments.
NASDAQ:TSLA
by EdgarTigranyan
9
Dogecoin Chart Pattern Suggests Volatility Explosion AheadDogecoin (DOGE), the meme cryptocurrency known for its wild price swings, has experienced an unusual period of calm this year, lagging behind the performance of Bitcoin (BTC) and Ethereum (ETH). However, a technical analysis with the Bollinger bandwidth indicator suggests that this tranquility may soon come to an end. Understanding Bollinger Bands: A Tool to Assess Dogecoin's Volatility The Bollinger bandwidth is a tool that illustrates periods of varying volatility relative to price movements. It is calculated by dividing the spread between the Bollinger bands by the 20-day simple moving average (SMA) of the cryptocurrency's price. Bollinger bands are volatility lines placed two standard deviations above and below the 20-day SMA average. When the distance between the two bands widens and the bandwidth increases, it indicates a period of rising volatility. Conversely, when the bands contract and the width narrows, it signifies a lull in volatility. An unusually wide or high bandwidth suggests that the current bullish or bearish trend is approaching its end, while an abnormally low bandwidth indicates that the market is on the verge of a significant move in either direction. Recent data shows that Dogecoin's daily chart has experienced contracting Bollinger bands, resulting in a bandwidth of 0.06, the lowest level since February 2019. This suggests that Dogecoin could soon experience a surge in volatility, as the bandwidth has a tendency to alternate between expansion and contraction. It's important to note that this anticipated volatility explosion is independent of price direction, meaning that the significant move can be either bullish or bearish. Looking Ahead: As Dogecoin prepares for a potential volatility spike, traders and investors should remain vigilant and be prepared for a pronounced price swing in the near future.
by cryptohopper