$DOGE - Break it or Take it !!!Hello my Fellow TraderZ,
I hope you guys have seen my yestedray's post where I mentioned about this move was expected and again we have nailed it with whoopy PUMPA.
Today I will be sharing my view on Daily TF and what could be expected.
Right now $DOGE is facing its major Resistance zone lies here.
If clears this zone, it has no further strong barriers to $0.2 - $0.23 which is another 40-50% move from here.
But the concerning point is that the RSI on DTF is extremely overheated + a clear cut BEARISH DIVRGENCE on 4 HTF and so I'm expecting a healthy pullback with drawdown of ~25-35%.
Also if you see with increasing price, Volume bars are going down which generally indicates the exhaustion of fuel to the PUMPA.
So be cautious and make yours' entry carefully on either side.
CHEERS!!!
Elonmusk
[UPDATE BTC] 3 Scenarios with clear invalidations.Are we?
1) in a macrocycle with multiple inflation and deflation peaks, like in the '70s (red). That means we can see a mini bull market up to 54k and then 7k-10k.
2) in a stage 2 bear market full of bear market rallies (next one up to 22-24k?). Then stage 3 (new drop to 12k) and stage 4 (depression, 2 years of low prices between 12-16k), like in the '40s.
3) in a stage 3 bear market full of bear market rallies (next one up to 22-24k?). Then stage 3 (new drop to 12k) and stage 4 (depression, 2 years of low prices with a monthly deviation that brings prices to 7-8k), like in 2002.
$DOGE - Another Bullish Move AheadHello my Fellow TraderZ,
$DOGE has recently showed an awesome move of approx. 150% , thanks to the Elon hype once again.
Again , it is nic to see #DOGE is forming a BULLISH PENANT on the lower TFs.
Expecting this breakout to lad another 20% move to retest the recent local top at the least.
Breaking of the Support zone will invalidate the trade.
CHEERS!!!
🔥Elon Musk and Twitter: Meme Lord makes DOGE great againHi firends! Seems like Elon going to buy the Twitter (TWTR). I think that DOGE can become the main crypto payment method inside this social network. Previously, Elon says that he want to introduce a paid subscription for write the comments and other other features if he bought Twitter. This is a huge opportunity for this mem coin and for all traders/investors.
🚩 Elon Musk suggests that the purchase of Twitter will help him accelerate the development of the social network X, and not to create it from zero.
📊 How it affect the DOGE coin?
✅ Technical analysis
DOGE return to the global trendline which I hope will be broken after the 4th test. Three test as the resistance were succesfull and the price fall.
Additionally, you see how many trades were inside the $0.46-0.67 value area. A lot of coins were bought by the big players and of course they want to sell it higher.
✅ Fundamental analysis
In the coming days everything will be clear with the purchase of Twitter. I think that after the final confirmation, Dogecoin will continue its growth despite the rise or fall of the crypto market as a whole.
The possible global targets for DOGE:
🔥$0.127-0.148 - the closest value area
🔥$0.24-0.27
If this coin will be accepted as a payment method, then DOGE can renew its all-time highs at $0.74.
📊 What other benefits can we get from the Elon's purchase?
Binance are also the part of this deal along with Mr. Musk. I think they will respond for the crypto part of the Twitter.
So in this case pay your attention on BNB. This is the real case when binance smart contracts can beat Ethereum. Maybe BNB overtake ETH by it's capitalization, if everything happen as I expect.
✅ My latest local idea on BTC are still in play. +12% profit in the 2 days! Congrats to everyone who follow this idea.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
⚜️ EUR/USD : NEW Week TA : 10.30.22 ⚜️In this chart, the possible trends with high accuracy examined and various support and resistance zones have been identified on the chart !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.30.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$DOGEUSDT DogecoinWhat is Dogecoin (DOGE)?
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
S&P500 Inverse Head and Shoulders measured move above 4,000Taking into consideration FOMC next week and the mid-term elections shortly after...
I believe we will see 75bps added on interest rates and 50bps or even a " pause " in December, and this will bring a strong relief rallie on the markets, and especially risk-on assets like Bitcoin (late Q4)
The FED doesn't have much more room to hide, and they will soon have to give some clarity about what's going to happen moving forward.
The markets should carry on a short-term uptrend.
Why?
- Buying votes and the FED needs to take a decision. " Semi-pivot " perhaps...
Keeping the markets happy at least for a moment. It always happens.
For several weeks, Joe Biden has been buying votes left & right...
The measured move from the still valid Inverse H&S brings the market exactly to the long term trendline.
The 20th Congress of the CCP in China broke the Chinese stock market, such as the HSI, and we've seen stocks like NIO and AliBaba with a -25% in one single trading day. This is something i've warned about prior to the CCP event on October 16th.
Moving forward i believe we will see stocks like TSL A @ $180 at least (next 3 months or so...) Still, i believe it is a great long term hold even if bought now. In the next 10 years or so, all cars shall be electric, and TESLA will carry on growing exponentially.
Cathy Wood's ARKK is at this moment with almost exact pattern as the Dotcom Bubble in 2000 and -75% aswell.
No one expects, but it does seem like a blow off top is brewing for the coming months. Elon Musk gave more hints .
He's usually right and what he tweets ends up happening sooner or later.
Definitely not something to ignore.
All the best for everyone!
DOGE Reacts to Twitter Acquisition News - Is It Sustainable?Dogecoin had a very good week this week, probably in reaction to the news of the Twitter acquisition that happened as of today.
It's still too early to tell, but some reasons to exercise caution regarding the company, especially given its new owner's past history. As we head into a recession, what worked previously may not work now.
Also forgot to mention that Jack Dorsey started a new social media company Bluesky, which may directly compete with the idea of social media Web3. Can the Web2 moguls from an earlier era migrate successfully to Web3? Time will tell.
⚜️ GBP/USD : NEW TA : 10.28.22 ⚜️ In this chart, the possible trends with high accuracy examined and various support and resistance zones have been identified on the chart !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.28.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$TWTRI've charted on a weekly, the major suppy and demand zones to be aware of while trading this stock. I would be looking at an upward trend for this one. Theres a new sheriff in town and he's looking to make the company profitable as opposed to the current model of government sponsored propaganda. He could turn things around. Happy hunting folks
Doge Short setup💸New Free Signal💸
====================
⚡️#DOGE/USDT
🏛Exchanges :Binance & Kucoin Futures
📈 Sell Limit
💎Leverage : 10X - 15X
▶️ Spot& Future
🟡 Entry : 0.086$-0.0835$
🟢 Target 1 : 0.075$
🟢 Target 2 : 0.072$
🟢 Target 3 : 0.059$
🔴 Stop loss: 0.089$
📊Analysis Method: Order Blocks+ Volume profile
🆚Risk/Reward Ratio: 7
➖➖➖➖➖➖➖➖
👤 Desert Eagle🦅
📅 10.28.2022
⚠️ (DYOR)
Good Luck Traders📉📊
#ELON #TWITTER / #DOGE PUMP!With Twitter being delisted form the stock exchange (as it no now privately owned by ELON)
How does he begin to monetise the platform ??
Doge could be an avenue by which he does so.
Doge traditionally has been used to gain BTC via its insane pumps.
What's interesting is it how it has gained market share of the years, and held onto those gains even being down 90%
The slanted W pattern may play out again...
DOGEUSDT 1DAfter being stagnant for weeks, Doge finally breaks upwards from the triangular figure of accumulation that had been taking shape since August 16, 2022, in part due to the news that Elon Musk was planning to close the deal with Twitter before the end. of the week arrive.
From a technical point of view, the indicators are in favor of the upward continuation. Despite the overbought on the RSI, the volume is looking just as good after a good amount of entry in the last 48 hours, and furthermore, looking for the MM200 will be the next major resistance. . Triangle pattern formation was broken strong.
Now it's forming its impulsive move and tracing fibonacci retracement allied to previous support and resistance, we might have a little correction until . 0.68 .This correctional move will be an entry option when retracing the current 0.382 fib level at around 0.068 USDT.
Conservatorship MarsArticle
Free Britney! Er… I mean shackle SpaceX? It'd be difficult to find someone who hasn't heard about Pop Star Spears' unjust conservatorship granting her father total control of her life. However, finding someone who knows that companies can be put under conservatorships would be quite rare. Many would know of the two biggest companies that were put under federal conservatorship not more than 14 years ago. In the middle of the Great Financial Crisis, in late 2008, Fannie Mae and Freddie Mac were put under conservatorship. Their CEO and executive board immediately dissolved, and a government appointed administration took control. Just a few months before, a small bank was put under conservatorship to peel their healthy assets away from the toxic ones - IndyMac bank.
There is a Conservatorship, where the company is taken under control with temporary management to clean house until the company can be more privately handled. IndyMac Federal Bank (the conservatorship name of IndyMac) just ended theirs' with the sale to OneWest Bank, a division of First Citizens Bank. Fannie Mae and Freddie Mac's continues, likely indefinitely. And then there is a Receivership, where the company is taken under control with the explicit purpose of selling assets or closing the business entirely. It is likely this distinction becomes important as financial strains continue to develop in banking institutions, fixed income funds, and insurance groups.
Conservatorships happen all the time. Well, more frequently than most might guess. The National Credit Union Association has put two credit unions under conservatorship this year (and two more in involuntary liquidation). Last year's tally was four and four, respectively. Yet these are still rare events where most search results yield 2008's Fannie and Freddie as the top and loudest hit. With all the prominent anti-monopoly and pro-competition speak coming from both sides of the aisle, powered by numerous lawsuits across the country against some of the largest tech companies in the world - the word might come back.
There are many possibilities to explain Musk's behaviour over the last few months. The one I'd like to point to is the $1 billion dollar clause preventing him from reneging on a bad deal that has more financial implications than he thought through, a surprise assuredly. Everyone's gotten their enjoyment out of the Chancery court circus of Twitter v. Musk, and we might feast still. Musk's big announcement yesterday (10/20/22) of laying of 75% of Twitter staff is a bit too magnanimous to be taken as anything more than chucking a brick in a house of mirrors. The recession is just setting in, with more downturn left to go. A cut in staff is natural and predictable, 75% in one announcement is an extinction event.
But wait, there's more. If Elon Musk did have private conversations with Vladimir Putin or any official leader of Russia, and form agreements or discuss in of national security level importance details, he might be doing time. No surprise that shortly after Bremmer's story claiming Musk had private talks with Putin about events that might lead to an escalation to nuclear war, using Musk as the primary source, a second story about the FBI investigating the matter broke. Honestly, it's 50-50 whether Elon lied to Bremmer to give himself clout, or he really did talk with Putin. To condense this saga, SpaceX cut the Starlink network over Crimea and Russia's "occupied" territories, before quickly turning it back on with Musk making a twitter-tantrum about not getting paid for the system's use.
Where Elon Musk's behaviour might thwart an image of stability for a corporation, he runs quite a few. While most are little more than fancy, Tesla and SpaceX are becoming systemically important institutions. Elon Musk's purchase of Twitter should have always faced FDIC and DOJ resistance, and my hypothesis is that Musk wants to push that - in conjunction with Twitter's desire to re-neg the deal. Twitter may never get valued at $44 billion again, but Musk is working very hard to paint the picture that Twitter, the company, dies when it's his. Musk may have gone too far this time, even further than a $1 billion contract termination fee.
Conservatorship is the word. Actually, this author thinks "Person" is the word. Technically (the best -ally), it is these Delaware Code words, Delaware being the state of incorporation for all of Musk's companies:
(10) “Person,” except in the term “person who is incapacitated” or “protected person,” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. -https://delcode.delaware.gov/title12/c039a/index.html
Musk's personal business should remain personal (at the least I don't want to hear it), where as there is a point where his professional business shouldn't. SpaceX is the most advanced Space Technology company in the world. Starlink is a globe-spanning satellite system rivaling most first-world countries. Tesla is the largest EV company with important technology for electrical grid infrastructure. Twitter is an important nexus of globalized communication. There is a point in time and importance that shenanigans go from too much, to done. The shadow of a mushroom cloud, even if a low probability, is right around that point.
A conservatorship could be as brief as removing Musk as CEO and instilling the President and COO, Gwynne Shotwell, as the acting-CEO. Or the government could take it's time and untangle all the threads that being the Space race ace gives them. While Starlink is a product that fit's SpaceX, massive satellite swarms tend to compete for money and SPACE. Forcing Starlink off SpaceX's books would enable other companies to bid for satellite delivery. This mimics recent Federal government regulations prohibiting internationalization of corporate activities, the same activities that allow tech companies to bubble their sales and assets on the back of accounting loopholes.
Musk might find himself the poster boy for it, but there are quite a few sectors and industries that benefit from conservatorship. Abbott labs made its own case clear on the backs of three dead toddlers from contaminated formula that led to a formula shortage that still hasn't fully resolved. While the media has been kind on the details, the event highlighted years of bribery and corruption by FDA officials monitoring the plant, as well as possible communications that showed an open culture of bribing government officials and ignoring safety issues at the highest levels of the company. In the game of probabilities, a conservatorship is towards the bottom of the deck, but maybe it shouldn't be.
Twitter Deal itself
The joy of this deal was that there were going to be oscillating periods for buying and selling into it. The Musk-Twitter deal is the right mix of stupidity to cause many more problems than anyone expected. First, it is increasingly likely that the US government stops this deal. If that were to happen, it is likely Musk would have to pay the $1 billion termination fee if his actions and behaviours were found to be at fault, i.e. Twitter must prove that the government stopped the deal because Elon Musk's actions. Second, it is increasingly like that Twitter the company wants out of the deal. Twitter doesn't have $1 billion to give to Musk, as they are likely to face steep cuts without the buy - but 75% is a tough thing to wake up to. There will be destruction to the integrity of the company that shows itself several years after lackluster development and growth - similar to Tesla.
I am staying 100% out of the Twitter deal at this point in time, but aggressive speculators may not for much longer.
TSLA next stop: MoonTesla have already tested the support more than once as we can see.
With the BB indicator we can see the candle crossing the upper line and going forward to a bullish trend .
We had also analyzed the Q3 earning report, and Tesla this quarter is much better than the Q2, we can see the assests is the biggest increase since last year, (57 834 millions to 74 426 millions) and the liabilities and equity had a increase but not very relevant, about 4 million.
And we can see in percentage the EBITDA is recovering from last Quarter with an increase of 0,6%
Since the Q2 2022 was the quarter with less vehicle deliveries, almost with the same values seen in Q3 2021.
We can also see the free cash flow chart where it show us a huge increase since 2Q 2022.