$TSLA: Conservative ApproachLots of attention with Elon Musk regarding TWTR; therefore, TSLA is also reacting.
I'd say be a little conservative on TSLA and keep in mind how the broader markets are behaving -- not just on a small time frame like 1-5 minutes.
Yes, it may be a fantastic company with a great product, brilliant leader, etc.; however, as technicians we need to focus on 'what is happening' in the now without the human biased emotions of thinking what the company 'could be' or 'could not be' in the future. Does it fall today? That is up to the markets. Keep focused on what the broader markets are doing so you don't get stuck holding the bag due to 'thoughts and theories' forecasted 5-15 years from now.
Never know, we could see that retail trader/investor spike at the open (FOMO chasing the price up) and trend lower the rest of the day. This doesn't go for just TSLA, but broader implications.
Trade Smart; Live to Trade Another Day!
ELON
Elon Musk Buys 9.2% Stake In Twitter (NYSE: $TWTR)! 🚀🌙Twitter, Inc. operates as a platform for public self-expression and conversation in real-time. The company offers Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products and services, such as promoted ads and Twitter amplify, follower ads, and Twitter takeover; Tips to directly send small one-time payments on Twitter using various payment methods, including bitcoin; Super Follows, a paid monthly subscription, which includes bonus content, exclusive previews, and perks as a way to support and connect with creators on Twitter; and Ticketed Spaces to support creators on Twitter for their time and effort in hosting, speaking, and moderating the public conversation on Twitter Spaces. In addition, the company offers Twitter Audience platform, an advertising offering that enables advertisers to extend advertising campaigns; Twitter Developer Platform, a platform that enables developers to build tools for people and businesses using its public application programming interface; and paid access to Twitter data for partners with commercial use cases. Twitter, Inc. was founded in 2006 and is based in San Francisco, California.
DOGE - Looks to enter a cycle trend with breakout trend.Hello trading friends,
Know before you start reading this view that meme coins are very risky for this reason to make sure that risk management is high.
The dogecoin - known from the Elon musk time - and this coin still have the possibility to show some trends.
The reason for this update is as this coin shows to enter a new green cycle trend depending on TA.
What means this?
That there is a high chance that we could see a doge breakout coming time - but know that same time there is no guarantee into crypto markets, all depending on data.
The great target would be 0,20 with a long-term frame - but with unexpected doge breakouts, it could be faster.
Dogecoin is a coin that is known from historical trends - that it can break out with no support of BTC - it can go against BTC price. most breakouts are unexpected or after Elon trends.
Data shows there is a ON trend for the green cycle trend - why this and how it will affect doge coming time, we need to see it coming time or it will get a breakout, we should wait the time frame to see. If TA is right - then it will confirm this later out .
Have a good time.
This is not a trading call - Trade always only depends on your setups.
Thinking $DOGEUSDT starts running 04/19/2022 What 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.
$TSLA has diamond hands 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team entered electric vehicle company Tesla $TSLA today at $800 per share. Our first take profit is $975 with a stop loss at $775
Elon Musk: "Tesla has diamond hands"
Entry: $800
Take Profit: $975
Stop Loss: $775
If you would like to see more, please like and follow us @SimplyShowMeTheMo
$TSLA whos giving out this much return on investment? 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered electric vehicle company Tesla $TSLA on March 9, 2022, at $800 per share.
Our first take profit was set at $975 but we were able to sell our shares today at $992 per share for a gain of 24%!
Our trade initially brushed a tight stop-loss we had at $775 but we talked it over and decided to hold onto our shares. We strive to promote an investing style that is profitable, but most importantly safe to use. Please understand that this isn't a healthy trading habit to have, and that going forward we will try and make sure that it doesn't happen again.
Congrats to those of you who took this trade!
Entry: $800
Take Profit (HIT): $992
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
$BTC taking profit 14% gain*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Our original take profit was $35000, but my team has decided to secure our profits at $37700 for a 14% gain.
Congrats to those of you who took this trade!
Sell Entry: $44400
Take Profit: $37700
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Why BTC might be around 80k soon (maybe higher)1. The Russia/Ukraine war that brough down prices to a strong trend (SEE LINKED chart: buy zone 2, BTC)
2. The freezing of accounts/financial war. It provides the news needed to get some bag-holders around 70k and 80k.
3. Fib numbers allow for it (everyone sees 70, but I think we have the momentum to head higher)
4. The weekly charts are heading towards a top
5. The Superbowl (Go Rams). SO many people (RICH people) were just blasted with crypto ads, and now seeing why crypto isn't so crazy due to the Russia situation. Psychology wise, It gives new investors a little thrill of watching their investment sky rocket until you pull the rug and they buy all the way back down to 45k over the next year. You have them hooked, and they'll have to defend their decision to buy the top by probably buying more on the dip.
6. Follow the trends
7. It gives the alt coins another chance to spike (especially DOGE) which Elon is NOW suddenly talking about again.
- Also GME and their NFT marketplace and Apple partnership possibility
8. Follow the MONEY!! So many companies were hiring crypto managers & specialists over the last year, that it makes sense they could be buying and/or accepting soon.
TL;DR - I think the drop from the Russia situation along with a big push to crypto is going to trigger a BIG move up over the next month.
My plan is to look for an exit around March 23rd to Mid April
Be aware that there is a possibility we see 36k and 38k again.
41-42k holding would be pretty bullish
DOGE: Can we see a dramatic move? 40%+ incoming?Dogecoin has been steadily declining for the past few months but is finding support in this area. We are nearing the trendline and a hammer can be seen. I anticipate a 40%+ jump by end of month. I'll begin to average into this with a mental stop. (My target orders are $.16, $.20, and $.26 based on current pivot resistance levels, with a soft stop loss under $.10). By the way, the crypto fear & greed index is currently showing extreme fear: alternative.me
It is possible that this might develop into a diamond bottom pattern where the price broadens, and then narrows before any lasting breakout.
Thanks for your thoughts on this...
$TSLA — Gap Fill Role Reversal ResistanceTesla has been sitting under a very strong role reversal gap fill resistance area for quite some time now.
We keep seeing this negative divergence between price action and volume as well.
I think the likelihood of a breakout above the area is slim because of my views on the broader market.
Options traders should give themselves time with this one and roll your stops down as the market slips.
Nobody is talking about the 800,000 vehicles they have to recall...
I don't want my idea to get flagged so just google "CNN 800,000 TESLA CARS RECALLED"
EGT 3 day chart, showing Adam and Eve and Bull FlagEGT 3 DAY CHART...charting a
large BULL FLAG.
look at the pole as well...
Notes of the chart are listed,
zoom in and take a look.
Its also showing Hidden Bullish
Divergence.
SHIB: A Roundtrip! Now What? CHASE IT!!We just poked through the MA200 YAY! In the short-term the Choppiness Index fell very low which means that a direction or trend has been chosen (duh lol). However, the RSI is now very high which means that it's overbought (on lower time frames). Feel free to suggest any other indicators that you like to use... Thanks for any comments or guidance, we are here to learn and profit.
______
EDUCATION:
"The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). The Choppiness Index is an example of an indicator that is not directional at all. CHOP is not meant to predict future market direction, it is a metric to be used to for defining the market's trendiness only. A basic understanding of the indicator would be; higher values equal more choppiness, while lower values indicate directional trending." www.tradingview.com