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Doge/Usd Simple Price Action Idea (FIRST PUBLIC POST)phycological numbers play in heavy on Doge simply people its speculated on... HARD. so key levels are easy, .35, .40, .45, .50, etc. with taking in consideration of fundmentals (Elon, x3 etf doge shorts, mixed public options etc) i still see a long term bullish trend, playing off key support area now at .45. this is make or break zone now. if we continue to see a bullish sentiment i fully expect a push to .80 and greater. Doge price action, despite recent increases of volume in the past month, has been keeping a healthy path with pull backs and good 45degree trend. stay safe traders! red zone (stop loss area) in this idea would be .385, goodluck!
BITFINEX:DOGEUSDLong
by MinkyTrades
Doge making a inv. H&S in a inv. H&SWe just witnessed a fast drop after a failed attempt to pass the 0.7 usd level. Nevertheless we have reached this level already, so this temporary correction is healthy and may have caused a right shoulder of a wider inverted Head & Shoulders. In the right shoulder, we can see an inverted H&S forming as well. Last correction happened on the support of 0.6 usd, which is exactly the neckline of the larger inv. H&S. All these indicators show that a jump to 0.9 - 1.0 usd is imminent. Only if we would not get back to previous levels again, and break the 0.6 usd support to the downside, we could have a larger correction to the 0.5 usd level, but this is in my opinion on a short term less probable. Remember most posts I saw on TV at the 0.6 usd level, claimed to have a break and correction to the 0.4-0.45 usd level, but were all invalidated due to Doge's bullishness. Above Doge has increased in value with a lower average trading volume, which means the bulls have the upper-hand. Personally I like to invest more in fundamental coins and tokens, but in this case I had to go with the flow after the first large correction and consolidation of Doge and I saw the 0.08 level the best entry, as posted in previous charts. Technicals of Dogecoin are stilll ok. If an insane bullish momentum would happen on very short time, it might be smart to take gradually some profits and swap for underrated top coins, certainly if you have entered the market soon enough. If you are a long term investor, I cannot predict the future, so keep and believe I would say. In the meantime, I see no real threat at the moment. Elon might be really the doge-father after all.. Countdown to SNL live, on NBC, May 8, 11:30 pm ET.
Long
by Wolverinos
3
TSLA - Going to the MoonHello everyone, I hope you are all doing well! In this analysis, we have are moving inside a huge channel and are currently at the bottom. We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $900. We are seeing a small divergence on the chart and that is why, couppled with this support, which the price has aways held up, I would say that this is the most probable scenario. There is possibility of more bad news and break lower. The lowest point would be $450, however, I truly doubt that this would happen. Currently, only 26.74% of the shares are in profit. Think about how the BIG hedgies would react to being at a Loss, would they Sell or Doubble Down and Average Down their position? These prices are a steal to have for Long-Term investing and 73.26% are bought higher than you would buy now ;) Controlling your emotions is one of the key elements in being profitable in trading and now is the time for the market to test your control. Do not panic sell as there has not been any funadmental changes in the price to bring it down as much with the company, the investment funds are currently in Crypto, so that is why we have fallen so much. As soon as Crypto dies, the funds will flow back. Thank you for the attention, I wish you an amazing Friday!
NASDAQ:TSLALong
by donaitelo
1