DOGE pump and dump / is this a start of alt season?OK, so we all saw this pump and dump manipulation by whales - typically lot of news at twitter to catch ppl emotions and start fomo buying - If u want to be succsefull trader, u should avoid emotions otherwise u will lose your previous gains and end it up with loss and head full of stress
What happened basically - price went parabolic - parabolic move is not healthly move in trading = as fast it went up that fast it will go down again
Price broke 58-62 area which was previous resistance and did another 40% to 86 (total 300%+) - another resistance...till we are under 62, we might not see another pump - but it all depends on whales
Green area is another Support which should hold for another move up. It is hard to say if this will go up or needs some time for rebreath -i dont like pump and dumps - hard to predicts anything ....basically it's from hero to zero very often sadly
And now i would like to guess few thought in YOUR HEAD during this pump
- institutionals twitter accounts are posting only about DOGE - MOON - USDto DOGE and other bullsh.. (in fact they need you to fomo because they will sell to you their big bags of coins at great price - thanks to twitter hype and FOMO - dont be stupid they bought it weeks ago, not now)
- moon lambo
- great it can go to 200 sat
- it is still going up
- ok should i sell i see first red candles on minute chart
- oh no it is still going up, i am safe
- wtf is happening is it dropping now? should i sell at 80?
- oh no it is at 60 now i am sad that i didnt sell it at 74
- ok selling now at 55, good profits
- oh sh..it is going back up, 65 lets buy it with market buy
- nooo it dropped again to 52 and i am in loss:(
- my profits are gone, what should i do now
- emotions, emotions, emotions, feeling bad etc
I am here to help you so we can discuss it in comments if u want
NOT FINANCIAL ADVICE
EDUCATIONAL PURPOSE
Musk
ridethepig | Teeing Off in Tesla📌 Play continues with the next hole ... as in the previous ( with GBPUSD ) we will keep it to three main targets initially.
Now in Tesla's case, buyers are having to overcome some difficulties in development; the highs are optimally set with an island reversal, and so the tables can be turned. Timing wise this hole could not be better placed as sentiment looks set to start an attack against Tesla which has been cramped from exhaustion after all the good news (whatever that means).
.... TSLA @ 800
What is in play ? ... using TSLA as a barometer for the whole US equity board.
If Tesla loses the current structural support it will move the whole board as collateral. More gridlock on the other hand will leave us in a continuation till FED march.
For this swing, a good, perhaps better, target for 'par' is 500 (a whopping -37% drive). The extensions below at 460 and 400 are open for our 'birdie' and 'eagles'.
Thanks as usual for keeping the feedback coming 👍 or 👎
TSLA - Short Squeeze Friday = New ATH $888 targetTesla will hit new ATH due to the 10+ Million Shares that will be purchased tomorrow by outstanding naked puts. If we gap higher overnight, by $15+ a run over $900 is possible. More than likely we'll settle in the $880 range after making a new ATH at some point (likely late) in the trading day.
DOGE/BTC (1 hour graph) Possible bullflagDoge is forming a symmetrical triangle pattern on the 1 hour graph.
Recent events like mister Musk's tweets are still floating around in the thoughts of the masses.
Doge trading around strong historical support level.
Possible break out incoming
A new tweet of mister Musk could boost the breakout.
Wait for confirmation bullflag
Don't Buy DOGE Now.... Buy It Later.You know my style, I would never suggest to buy anything out of FOMO. I would never suggest to buy anything that is this high. But we can look at some interesting technicals and curves to get an idea what would be the next target.
I'm looking at a 0.11$ target here with a retracement of around 0.005$. Simply based on fractal like behavior where we see DOGE has been through very similar cycles already.
-Trading-Guru
DOGECOIN 387x potential & dollar parityDogecoin (DOGE) is projected to move 387x in price and achieve dollar parity by March.
The events that will launch the price action are that Elon Musk will announce (he does not know it himself yet) on November 3rd right as elections are finishing that he will instate DOGE as main currency on his Mars colony, because of the election outcome the earth will be scorched and a escape to for entire humanity is inevitable and necessary for the survival of the mankind. Everyone will be looking to get to Mars.
All seats on space ships from the moment on will be only purchasable with DOGE at which point the entire humanity looking to escape earth will start accumulating DOGE with 1kg on the spaceship costing 1000 DOGE.
Increase your profits with 125x leverage at Binance, an exchange proudly ignoring most financial laws and regulations in most jurisdictions, by so being able to give you tools for instant riches such as 125x Leverage.
Trading involves risk. This is not investment advice.
Financial holdings disclaimer: ALL IN ON DOGE COIN HODLING UNTIL MOON and MARS!!!
TESLA EARNINGS YOLO | Pure EntertainmentHello Tradingview family, today I yolo $1500 on Tesla weekly calls into earnings. I think they will do really well, on top of the number of sales I think their new factories and distribution centers will provide good numbers.
Throughout the last week, I've noticed the silence from Musk on Twitter, at least when it came to the stock. Over the last several earnings, we've seen Elon tweet out stuff like "it needs to come down" prior to the report. Instead today, we see silence.
BULLS LOCKING IN? I AM :)
My Play:
TSLA $455 Call 10/23 @ $676 (I bought 2)
I do this purely to entertain my fellow traders and feed their FOMO demons. Hope you are all having a blessed 2020, let's see if this hits :D
Please do not play this, you will lose money!
DotcomJack | Tesla Yolo
TSLA — Continuation or Regular correction. Be ready!Hello!
Current market shows possible continuation up to 950 zone. But you have to be ready for everything, so you may want to set few orders to buy next month in zone of 560-670.
If you have TSLA shares, you can hold them up to 950 or even more, cause the market seems to be bullish and tech-companies will survive ;)
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EVERYONE IS BEARISH & 90% WILL LOSE MONEY (Elon Musk - tesla) Everyone is shorting tesla when we just started a parabolic run!
Human psychology 101 fight the trend... this is clearly bullish and everyone is bearish
New paradigm is incoming!
The first sell-off just happened
Not much more to say here other than I am loading more USD from my bank to buy more Tesla :)
Stay profitable
TESLA (elliot wave update)Looking at past market corrections, 2020 is a new beast. There is absolutely nothing in history that had us crash this fast and this hard.
This leads me to believe that a bounce up should be higher. In my last TESLA update i did post this as secondary count.
I feel the SP500 index needs to go higher prior to retest of the lows, just looking at certain indicators like MACD and RSI things look too proportional, yes im expecting lower prices but it wouldn't make sense to have them right now. I still feel we are in heavily oversold conditions from the March drop. Major stocks of course will follow. The 2008 correction or the flash crash of 87' dont even compare to this, the great depression doesnt either. Yes it went down further, but over years, no correction in history dropped this far this quick.
What I feel is a probable count is a larger more complex correction. I still see lower prices in 2020, just not right now. A mini bull market? perhaps.
Not a financial advice, just my analysis.
Cheers,
TESLA (elliot wave update)Updated count of TSLA.
Tesla's correction should have been complete at the $650 range and .382 fib retracement but market panic elongated the correction.
So we have a failed impulse wave 1, which per elliot now becomes a wave X After an X wave we are looking for an impulse Y wave down consisting of 5 sub waves. Judging by the 30 min chart we seem to have completed 4 of 5 of the Y. The most logical bottom is now at the .618 fib level. So my best probability would place the bottom of the correction at $460-$510 range. On lower time frames I am seeing bullish divergences on MacD as well as RSI. If this move plays out, and if i was to look for a long, the Y low would be my stop loss as price should not go below it, if it does the whole count would have to change. Keep in mind panic in the market can change counts at any time. But this count is what elliot waves try to point at. This would be a fairly deep retracement for a wave 4 which i dont like in a WXY correction, however it does not violate the Elliot Rules, wave 4 is no where close to wave 1 interaction so we are well within elliot count looking for a potential wave 5 and finish of TSLA's bull run and new all time highs.
As always, not a financial advice, for your own good always protect yourself with a stop loss.
Cheers,