ELON, IS THIS IT?Hello everyone,
As many have probably noticed, the crypto market took a small hit this morning in result of the stock market dump at market open.
A small dip in crypto as a result of a stock market crash is expected but crypto should see a nice and quick recovery imo as people move out of stocks and into crypto and other assets.
As far as ELON goes, it has been a frustrating week for us as ELON has refused to break to the upside but.. it also has maintained above our ORANGE line for the most part and always has climbed right back above it even when it wick'd below.
As is the case now. Currently, ElON is sitting right on top of our ORANGE support which is a good sign as long as it can stay above it.
I have also drawn out what appears to be bullish divergence on the 4hr chart, another good sign.
With that being said, there is always risk in trading and not all trades can go our way as much as we would like them too. Please manage your own risk accordingly.
Watch that ORANGE line closely. even an hour candle close below it at this point could spell disaster.
Also take note that our EMAs (that is a 20 period and a 200 period on my chart) have not yet crossed bearish which is yet another good sign but we will want to monitor those as well.
UPDATES to come...
:)
ELON
Saitama BULLRUN Begins Soon!!With the Certik audit underway, Kukoin listing should be announced any moment, with the release of Saitamask, and other major listings on the way I would say we are in the calm before the storm! If you havent researched the Saitama brand i strongly advise you do so! The price you see now may be a thing of the past in the next few days! As you can see on my technical analysis we are currently in an uptrend and are bouncing off support. This may be a good area for entry if you are looking for one, I hope this information was helpful and I wish you all the best!
Dogelon Mars ($Elon) 30min Technical Analysis$Elon has shown much support from investors in the past month and now it's time to balance out and reflect its true value. The price is assumed to drop for the next couple of days, fix itself, get steady, and then begin to gain volume and increase in price again.
(This is just an opinion based on technical analysis studies, not a financial advise, not a guaranteed outcome)
I'm waiting for this area to BUY Shiba Inu ;)I think this depends so much on social media and tweets. Big guys need to sell... happy for more exchanges to list at this time so that they can sell. Just my thought, I've learned that technical analysis is seemingly pointless in crypto. That being said, I'm ready to buy at any moment lol. BTW anyone staking anything while we wait?
Dogelon is in the right direction to pump ?We have 2 pattern in our chart , it's difficult to read and inderstand but we figure it out ...
1) Ascending Triangle - bullish only
2) Falling Wedge - bullish only
So as i said it's going to be bullish for dogelon !
Price predection :
MAX DOWN : 1000 maybe going to be big sell of to attend the 890 objectif then we will see a crazy pump
MAX UP : 3300 if we break and in the short term we will stick 1800-1400 ~~
It will float in the specific area in our pattern if we break the falling wedge don't worry we will continue the first pattern ascending triangle !
Everything is possible ! (Even breaking the triangle/wedge as soon as possible (if bitcoin go up again))
DOGe is ready for take-off Captain! DOGE-1 to the MOON!!!! Shiba Inus an all good DOGies worldwide patiently for DOGeDaddy!!!
We need a Billionaire Wall Street Short Squeeze! Netflix needs the story line for "The Big Short 2 - DOGs attack Wall Street Short Sellers out of existance!: LOL
BUY the DOGe Float SpaceX and "back" DOGe with SpaceX, Boring and all the non-Wall Street contaminated assets. Sue anyone using the SpaceX coins without proper written authotization from the coin owners. No more selling (shorting) shit one doesn't have. That's not ok in today's international open and fair markets.
PS from a trading perspective, this is a no-trade sone until breakout is confirmed. Officially announcing the DOGE-1 plans would probably do it but the media is a little against Musk these days with BS headlines and smear-mongering. The manipulators never stop...
Support productive people, put free loaning krooks in jail!!!!
HODL SHIBARMYSHIB has been losing momentum this past couple of days but that has not stopped investors from purchasing at a lower price. We can see divergence as well as price respecting support. I would be patient and Hold long term if possible. I hope this information is helpful and I wish you all the best!