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Musk

Bitcoin going down! 8k - 12k bottom Another one! Here we have the head and shoulders formed right after the Musk sell zone. The trend is your friend so follow it. I'm shorting down to target #1. Then Ill accumulate at the Bezzos buy zone!. I called this on another idea but it was stated as soon as the Wykoff distribution showed the BC (Buyers Climax) Phase. The time is now. Good luck everyone. Please like and comment. This is my analysis and idea. Do your research and due diligence before investing, trading, and leverage trading. This is not financial advice.
COINBASE:BTCUSDShort
by Samabby
2
Tesla breakout in mid august?If tesla is in a triangle and breaksout in mid August between 10-12 (note that last years stocksplit announcement was in 11 August.) then I would say Tesla would rapidly go up until the beginning of September and then drop again just like last year. That would mean my projection of $1400+ would be reached in 2 weeks which Tesla is know for having done before. Tesla follows the wyckoff pattern and has done a massive accumulation for many months now and will cause an even greater markup to distribute the bought shares by smart money at the top. Elon musk said that the company would perhaps have their company meeting in late July or early August which means that something could be decided then which could spark a move up. This is not Financial advice only speculations. Please comment any thoughts
NASDAQ:TSLALong
by mojtaba473
ALT SEASON still in progressHello all after quite long time of choppy mess in the market. This is not financial idea i am posting this just for educational purposes. Always do your own research. What we can see here is altcoins dominance ratio. If increasing, alts are going up. On this chart - monthly - there is a retest of very strong resistance which flipped in to support... once this support is confirmed by touch of current monthly candle - we can continue much higher for the real alt season. This level MUST hold. This chart means very nice clue what we can expect from the market. As there is a summer market can be lazy a bit but as u already know... anything can happen in crypto world. Most of alts in BTC pairs are setting up for huge moves upside. BTC is going sideways and i dont think it can go lower because it took already a long time.... which is more like re-accumulation part. Let's see what whales have prepared for us. Stay safe, stay happy and if you need any help about trades, market, whatever....i am here. Cheers!
CRYPTOCAP:OTHERS.DLong
by SvarogPerun
6
DOGE/USD : A shity coin to watch closelyDOGE/USD - Technical analysis Context : The recent sell off on the crypto market is jeopardizing the euphoria in place since the last summer. The key factor to have in mind is that, there is a determinist in the market which allow us to anticipate the shape of the next move inside a delimited range of price regarding the sensibility of the initial condition (chaos therory).... This conditions are extracted from the psychologie of the people (Short-mid-long-term players) observable with data extracted from the chart (candle stick). To make an easiest picture to understand, because chart and weather forcast are closely the same (chaos theory/initial condition used by the super computer to anticipate the weather), when an accumulation of depression signal are detected, combined with historical data + speed of wind + etc... you can anticipate for the next 1 to 7 days your risk to see rain or bad weather happening on the area you are leaving.... People with few experience in trading who never watch closely the shape of the asset patterns in the past on traditional market (exemple: the day of the Lehman Brother bankrupt).... at this period the crack of 2008 was just on the half way of the bearish market... are most of the time following advises from friend or news flow which are advising to HOLD. HOLD is the same term used by Long-term player on the traditional market (retirement US hedge funds is the best exemple). As long as the elements watched by those investor class are not impacted (PNL) on their long run model, it make totally sense to buy the dips triggered by the short and mid-term investor who are optimising their PNL by selling the top and buying the dips inside the long-term run supported by the big fish - long-term player. HOWEVER ones the big fish are changing their mind there is nothing to keep the market up, it is a massive dislocation of the market and hopefully the Central bank are here to save the market from the Chaos. In the crypto sphere there is some big fish (except on BTC or ETH traded on futur by some institutional) but it is nothing to compare with the traditional market, and central bank are unexisting to save the decentrilised world. So everything is only pure psychologie and the resistance of the market to accept to kill a part of the gain until a specific tolerance limit. We are now close to challenged this limit and i can tell you that they will be some dead fish soon.... i don't believe in the crypto market crash but a rotation in the portfolio will happen i pretty sure, pushing the people to sell in panic everything to be back on BTC, ETH or USDT for exemple.... Only the strong Token or blockchain with strong compliance schema and strong long-term business model will survive (HBAR for exemple is one of them speaking about blockchain). Because so many app, token, coin are created from off shore countries, without completing the regulator inquiries, etc... and when we have some alert from them, you see what happen... The market can touch the sky by leading many individuals to follow some guru by using Social media (the liquidity is too low to counter this) etc.... but the Guru promises V.S your PNL at some point your primary fear will take the lead and a massive fear will push the market down.... and here we are not speaking about the massive leverage used by the crypto market to help the individual to borrow the money on the collateral to help the guru to push the market higher.... Analysis Ok so now? i'm not saying to run away from the market, im here to warn you about some shit coin like DOGE and advise you to make a deep study of the Tokenomics and business models of company or coin when you decide to put the money on the crypto market to built a long-term portfolio (it is not the same analyse if you are sniping the market to play intraday move) im here to show you a joke coin => DOGE COIN pushed by its guru MUSK to the sky like if the DOGE was the equivalent of the space X rocket. The market start to be a bit sceptical about the intervention of MUSK and regarding the facts of the psychologie of DOGE/USD chart i can tell you that Elliot wave printed 5 waves Up completing a first big cycle of bullish progression, and the determinist of the market in this kind of configuration lean towards a retracement from the begining between 50 and 61,8% of the rise = 0,03 and 0,0160 in log Scale and 0,1250 in Linear scale. The first key resistance to observe are at 0,43/0,44 (short squeeze potential) - key fibo level and standard target for zigzag squeeze within a bearish structure. Divergence on RSI which is clearly an alert signal is providing a potential at 0,16 => level from where the market start to overprice the coin - The RSI keeps downside potential and keep in mind that the RSI is not obliged to bounce from support it can also accumulate below 50% before bouncing..... So watching just DOGE im clearly bearish with an invalidation level at 0,44 ( for exemple a daily close above 0,44 will invalidate the idea) because there is now a big risk to test 0,16 even 0,1250 first - then in case of capitulation the target area close 0... so there is a risk to see the coin be abandonned like other similar shity coin.... In this kind of market configuration the bearish potential is so huge that you can stay a HOLDER on BTC, ETH, HBAR, AAVE, BNB,SOL or other strong coin that can be impacted by the global bearish mood but this a long-term higher potential and protect the portfolio by changing your position to those coin or to sell them to protect the portfolio and bring you liquidity to buy the dips on strong Coin or Crypto currencies . Take care all - don't use leverage - make your on analysis - don"t follow euphoria but the facts - and watch tutorial to learnt how to manage your money management to be able to determine the right position of the stop and target regarding your scenario and the capacity of the investment portfolio Have a good week end
Long
by JeanJean1983
4
Composite man is a joker! Another Musk tweet - People pointing fingers and crying. If a tweet is an indicator, then it might be worth choosing another sport. It's scary to see social media posts about "i've lost this, that and the other" Musk - was only a short time ago, the Super Hero . It's funny how that changes when it's not with people agree with. Plain and simple - Risk management is key, your own due diligence. Make yourself sheep and the wolves will eat you. Benjamin Franklin For those of you unfamiliar with Wyckoff - he speak of the composite man, specific schematics for distribution and accumulation. These are designed to play with retail traders, although a lot is done to themselves. Human psychology plays a huge part in trading, fear, greed, passion. The desire to be right, you wonder why you let losses run and take profits early? The green numbers over red, trigger this emotion. Brokers & Billionaires are not there to make retail traders rich. Elliott methods (100+ years old) shows that a wave 4 correction move is similar to Wyckoff, whereby it's aggressive, one way and then the other, it's slow and painful (2 can also be like this) but 4 you see more often. Everyone is a genius in a Bull market. In the stream from today (here's the link) www.tradingview.com I spoke about some other scenario for ETH (only an option) but worth keeping in mind. If you ever wondered what the composite man looked like - see the main image! Enjoy the weekend! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITSTAMP:ETHUSD
by Mayfair_Ventures
5
📊How Elon Musk has influenced the price of the Dogecoin?April 9, 2021 📌Investors in Doge expected that at the entertainment show Saturday Night Live Elon Musk will continue to talk about Doge, thus contributing to rising prices. 📌Elon Musk instead answered the question about Doge: "Is this a hustle?" answered "Yes. This is a hustle" thus causing the price to fall by 26% in the first hour as shown in the chart May 11, 2021 📌Elon Musk asked his followers on Twitter if Tesla should accept payment for Tesla in Dogecoin. 📈Price: + 15.7% per hour May 24, 2021 📌Elon Musk called for involvement in the development of Dogecoin on the Github 📈Price: + 11% per hour June 2, 2021 📌Elon Musk dropped a picture of a doge with the inscription "I have to keep my passion hidden from the public or I'll be socially ostracized." 📈Price: + 8% per hour. 💡From this follows the riskiness of Dogecoin as a means of investment and the impossibility of conducting a fundamental analysis of this coin.
BITFINEX:DOGEUSDLong
by Volodymyr_Ilkiv
2
Ethereum ETH possible REBOUNCE to 3800 and find out why!Hello dear traders, Here is another update for Ethereum ETH-USDT (on the 1 hour time frame chart), after the hefty price movement of the last few days. I would like to share with you these possible scenario's. As said it is a hypothesis, a way to see different views on price action. It is not an advice to trade! I see Ethereum forming the formation of a small head shoulder pattern . Ethereum is still forming the right shoulder at this moment. Only when the price goes through the red neckline the pattern is confirmed. What helps here is that from the head (HS) to the red neckline I see a massive volume. That means lots of traders are still very bullish and believe price will go north again. The other scenario is that the price bounces off the neckline and further drops to the bottom of the descending trend channel. My analyses with the Diamond and the head Shoulder formations on the slightly longer term are still perfectly valid. In short. I expect a rebound of the price to max 3817 USD after which we will dive again. Only if we break the neckline in the chart upwards with good volume of course! If this will not happen than we will almost certainly go further down with a first target of 2873. Lower targets will be discussed later. For now: Resistance 3817 Support 3510, 3161, 2873, 2465 and 1948. Price up after trendline break to the upside and price down if the neckline will not be broken to the upside! One last important remark: This is the one hour time frame. Prices can go up and look bullish while on the Daily time frame it is all bearish. Prices move in waves. This could be a scenario that price rebound because it is oversold. The longer term is still very bearish now! Keep this in mind if you take your positions! This small H-S is still valid until it breaks the low (head). After a move lower than the head we will have a high probability the lower targets will be hit. Traders, use your stops and your money management! This is not trading advice but my personal take on Ethereum. Tradings idea's for traders can be different and that makes this always a challenge. It is not a game but a way to learn and to make profits. I f you appreciate my work it would be nice if you would follow me and give me a thumbs up. That motivates me to continue and help others in these markets. Wish you all good profits!
Long
by PegasusTechCharts
12