Dogecoin Killer - How High Can We Go?SHIB recently underwent a massive spike and there seems to be no signs of slowing down as long as we're above the ascending trendline.
Price seems to be creating clear bullfrogs for another move up. If we are to move up once more, we'll surely see another bullish correction of sorts before moving up.
However, if we do break the ascending trendline, the bullish outlook will be invalidated for atleast this period.
ELON
Dogecoin LONG to 200$Dogecoin is getting ready for its hyper pumps. 200$ targets Make sure to have at least some
Zoom in for more understanding of the idea this is for super long targets
possible DOGE short to .199I think we're going to see a drop to around .199, before heading up and hitting off the trend again. Decent opportunity for a 9% short. I sold 25% of my doge position at .227 as the charts for BTC and DOGE and ETH all look a little overvalued. I think November will be a big month for Crypto.
What if the head and shoulders fail? ☠️Hi everyone,
Wish y'all have a profitable life.
📍 As you can see there is a huge head and shoulders pattern in BLX (The oldest chart of bitcoin available).
📍 Along with the BLX chart we have a regression channel; the middle of the this channel is moving with the price and the more price stays in between the 30-32k price and does not fall the more the middle comes with the price.
📍 First TP is 26k and I am not sure personally if it is going to touch the middle or not, but I can see my confirmation in head and shoulders pattern.
⚠️ If this head and shoulders pattern is activated we have a really bad news for bull and the price may also fall and even see the 12k level, but if the price fails the head and shoulders pattern it can be a really good news for bull especially in mid-term.
📌 As yesterday Elon Musk just talked about Bitcoin and other crypto-currencies it could really be a mid-term positive sign for Bitcoin.
What you guys think about the mid-term ranges in Bitcoin and other crypto-currencies, please let me know.
THIS IS NOT A FINANCIAL ADVICE
ASK ME WHENEVER YOU HAVE GOT ANY QUESTIONS AND/OR PROBLEMS
TSLA To Rise 2% Tomorrow Because Elon Posted Memes on TwitterThe last time Elon posted several memes on Twitter in a single day, TSLA rose 2% the next trading day. Elon is doing that again today (Aug 30). This post is a half a joke but it would be hilarious if I'm right, but hey; TradingView's Twitter-chart-plot-thing is really cool.
Let's get into some stock trades #2 - TeslaTesla still looking super strong. There are tons of things I don't like about the company, but due to the tech boom, the ESG movement and the current investment trends I see a big boom coming in Tesla despite its insane valuation. Might take some time for new ATHs, but the Tesla chart looks nothing like a bubble that has popped.
TESLAINC:FORECAST FUNDAMENTAL+PRICE ACTION|LONG SETUP🔔Not so long ago, the number of opportunities to invest in electric cars was limited: it was either Tesla or nothing. If investors were unwilling to join Musk's team, they were just out of luck.
Although there has been a dramatic turnaround in the last year, and the number of options has increased significantly thanks to the strong growth in the market of electric car companies, Tesla remains the focus of investors. And with President Biden recently stating that electric cars will account for 50 percent of new car sales by 2030, investors are taking a special interest. Let's take a look at some important things potential buyers of Tesla stock should be aware of before including it in their portfolios.
Since its introduction nearly two years ago, the Cybertruck has sparked interest from buyers and investors alike. About a week after Tesla unveiled the Cybertruck, orders for it soared to 200,000, and Tesla enthusiasts, through their fansite Teslarati, estimate that orders for the Cybertruck now total about 1.2 million.
Tesla offers a base model with single-engine rear-wheel drive for $39,900.
Dual-engine all-wheel-drive and three-engine all-wheel-drive models are priced at $49,900 and $69,900, respectively. Assuming the 1.2 million reservations are accurate, and assuming a conservative estimate that all reservations come from the least expensive model, Tesla's revenue would be about $48 billion. By comparison, the company's 2020 revenue was $31.5 billion. Clearly, the success of the Cybertruck plays an important role in Tesla's scenario.
The company originally envisioned that the production of a single-engine model would begin in late 2021. However, company executives have put the brakes on that version. During Tesla's second-quarter 2021 conference call, Lars Moravy, vice president of vehicle development, said the company is "moving into beta phases of the Cybertruck later this year," and Tesla's Cybertruck booking site shows that production is scheduled for 2022. While a delay in Cybertruck production shouldn't discourage potential investors from buying stock, it's important to understand that delays allow competitors like Ford with its all-electric F-150 and Rivian with its R1T to step on the gas pedal.
Like many other companies, Tesla is dealing with manufacturing problems due to a global shortage of semiconductors. In fact, Musk said during his second-quarter report that the semiconductor shortage has forced Tesla to sacrifice the production of its Powerwall energy storage unit to meet car production needs. But the semiconductor shortage isn't the only problem on Tesla's radar: Company executives may be keeping lithium supplies up at night. Tesla investors know that in September 2020, the company entered into a five-year agreement with Australian mining company Piedmont Lithium to buy lithium-containing spodumene concentrate at a fixed price (with an option to extend for another five years). Piedmont originally assumed that Tesla deliveries would begin between July 2022 and July 2023.
Now that doesn't seem so likely.
Residents of North Carolina, where the mineral deposit is located, have spoken out against the company's project development. Consequently, Piedmont said it was postponing supplies to Tesla indefinitely.
When talk turns to Tesla stock, investors' opinions diverge sharply. In fact, Tesla stock is one of the most hotly debated tickers. For example, Piper Sandler, who sides with the bulls, puts the price target at $1,200, while Citigroup, which represents the bears, thinks the stock will fall to $209. Let's leave the price targets to Wall Street. After all, analysts often have much shorter time horizons for investing than we prefer. Instead, let's just look at stock valuations. Tesla stock has soared more than 862% in the past three years, but don't be fooled: its valuation has recently declined.
The stock is currently valued at about 86.6 times operating cash flow. That may seem expensive, but consider that the average five-year stock cash flow ratio is 134.3. Sure, the stock still trades at a high multiple, but it has been growing at an impressive rate since the company began generating positive cash flow. As demand for the company's cars remains strong, the company's cash flow will likely continue to grow.
Unconvincing? Let's look at it from a different perspective. Today, Tesla stock is trading at 147 times forward earnings. Exorbitant, you say? Think again. Stocks often reflect inflated investor expectations for growth. For example, earlier this summer, on June 30, the stock traded at 161 times projected earnings, while a year ago on the same day, the P/E ratio was 370.
Cybertruck release delays. Semiconductor shortages. Lithium problems. Sure, Tesla has a lot of problems right now, but the company has faced challenges before -- and won. These problems, while undesirable, are hardly something that makes potential investors look elsewhere. In fact, it's at times like these, when things seem bleak, that savvy and patient investors can buy the stock at a low price.
Although electric car traffic is on the rise as competitors such as Lucid Motors and Fisker prepare to ramp up production, there is definitely room for more than one success story in the electric car market, and Tesla will certainly remain one of them.
TSLA - 679 failure aheadTry as they might, the FANbois couldn't quite keep it together.
We'll HODL those remaining Sells - 800 and keep the NOV 720 Puts.
This is just beginning to become interesting.
591s are in Play and if this level fails we welcome the 400s.
Ouch.
Fanbois being Fanbois, they'll buy the dip only to see the Reverse RIP.
BTD ain't gonna work here.
The dude who was up $35K is now down $100K, all cocksure...
It's the height of Hubris, we SELL.
TSLA - 658 / 629 / 591 Elong FailsGamma Squeeze after Gamma Squeeze has failed.
Shares are, on balance, ONLY Being bought for protection
to Cover Calls AND almost immediately SOLD without remorse
thereafter.
It is an amazing distribution the Fanbois seem to be ignoring.
Inglorious bastards they remain.
Tesla has been sanctioned once again... surprise.
Hiccups to deliveries appear to have their roots in Semi availability.
Perhaps the MUSKateer will announce he will building a FAB on Mars?
Who knows with the shlubb. It's become tepid and "Boring."
There is nothing to really drive TESLA much higher other than further
degenerate gamblers, who are quietly losing face.
720 close up and over has failed to materialize time and again.
We were looking forward to this group of Hopers to shoove this
hot mess higher, but 780 isn't going to arrive it would appear.
600s are ripe for trading this week, it could be quite the dramatic
plunge taking away the wishes of DG's.
NIO - BUY BUY BUY!!! Been a NIO bull since day 1 and right now I am more bullish than I ever was.
Here is my detailed technical analysis of NIO's price action, and what's very noticeable about NIO's price action is that every time it fakes out towards the downside, the price tends to then turn bullish and continue towards the upside. Most recently the price faked out again and has broken out of a descending trendline while also retesting a very strong ascending trendline line creating confluence. What makes NIO even more bullish is that looking at price action between May 11 2021, and May 24 2021, you can see that another fakeout was spotted right along/below the same ascending trendline price is currently retesting, which on multiple occasions price decided to respect the ascending trendline. Another thing is that with NIO's overall setup, there seems to be a giant cup and handle forming.
3 days until NIO's earnings as well.
Share & Like - and leave your thoughts on NIO in the comments !
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trade at your own risk - not financial advice
ELON - POTENTIAL FOR 1,500% UPWARD TREND WITH NO USE CASEELON / USD TA
ELON, one of 'those' coins that everyone hates because it pumps for no reason, has absolutely no use case and was created as a meme, but it can very easily do something like that as it's a relatively low volume coin with huge price volatility and it won't take much for us to see near ATH sometime in the next few month.
$Dot Long- 100-300% potential Gains!Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains.
This means Polkadot is a true multi-chain application environment where things like cross-chain registries and cross-chain computation are possible.
Polkadot can transfer this data across public, open, permissionless blockchains as well as private, permissioned blockchains.
This makes it possible to build applications that get permissioned data from a private blockchain and use it on a public blockchain. For instance, a school's private, permissioned academic records chain could send a proof to a degree-verification smart contract on a public chain.
Not taking this trade until I see a solid confirmation of the break out level ($18.75)
Three different mid/long term targets
StopLoss: $15.80
Taret 1: $27.73-48%-3,14 R/R
Target 2: $36.86- 96.7%- 6.23 R/R
Target 3: $58.8- 214%-13.74 R/R
#BTCUPDATE - 22.7.21 B-Word Was Bullish
Looks like some much needed bullish news came and really delivered and at a critical point too. The B-Word went well, as in it didn't sink the market further. Short of Jack Dorsey confirming accepting Crypto payments on Twitter.
We hit the $32.2k resistance and as predicted in the channel we saw a rejection there - ideally we want to get back above $32k to continue on to the next leg up. Long term it looks like a descending wedge and hopefully with a little further push we can see a big break out come.
My play with BTC is I am quite bullish and will wait to get above $32.2k and then long to $36k region.
#BTCUPDATE - 21.7.21 - THE B-WORD....
This is a refreshingly bullish scenario for BTC - braking back above $30k after a sustained day under it and then straight back above $31k shows Bulls are here to play.
$31k is key to hold at the bare minimum here - getting above $32.2k is a very positive sign. It is going to be a rocky road but getting back above $30k was so critical.
So much hangs on this B-Word as Elon could literally come out with anything so lets hope its bullish.
My play for BTC is to wait until after Midday EDT and if we hold above $31k then long to $32.2k
If we sink below $31k then it is back to looking at a short to $30k and then on to $28.2k.
It is positive news today but be careful still we are still long way from a long term bullish sentiment.