ELON
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.
💎BITCOIN - Time to SMASH That Cursed resistance? ⚒️🗿Guys remember one thing:
Elon Musk pushed the price under a critical support level and helped flush it down the toilet . That's when I unfollowed him from twitter
Today he has an opportunity to reverse things and push the price (finally!) OVER this cursed resistance.
How? By announcing some Good or Great news together with Jack Dorsey and Cathie Wood of ARK Invest, today at " The ₿ Word ".
The ₿ Word is a Bitcoin focused initiative that aims to demystify and destigmatize mainstream narratives about Bitcoin, explain how institutions can get on cryptoland.
Believe me, in front of Cathie Wood ( who is one of the biggest investors in Tesla ) , Elon will be a GOOD BOY today..
It's coming guys and it's starting to get better and better.
One love,
the FXPROFESSOR
BITCOIN - Is It Time For Take Off?The last time we analysed Bitcoin, we were at the the 34K level calling shorts back down to 30K. We have almost approached 30K now where we have previous price action.
If we hold the 30K level and bounce from here, we can possibly see ourselves revisiting the 36.4K level in the coming week.
Trade Plan:
- Wait to see if 30K holds.
- Watch for descending trendline break on lower timeframe (See chart update for lower timeframe analysis)
If we break below the 30K level, we could see lows of 27K.
DOGECOIN - Are We Going To The Moon?Dogecoin is also at a very important level. We are at the triple bottom level where the next moves will dictate whether we will see Dogecoin go to the moon or flop back to the bottom.
Wait to see how price reacts. If it breaks above the descending trendline, we could see it move up. If it breaks below, we could be revisiting the lows from last year.
SHORT PLAY:
Watch for 0.16 to break and then enter on the retest.
LONG PLAY:
Wait for price to break the descending trendline and look for bull flags to take it higher.
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
BTC bullish short term scenarioAs we can see we are getting closer to the triangle apex... will it break up... i think there is a possibility because we had a looong time of chop and everyone got bored of this lazy PA. === someone was accumulating. So some move i expected.
This is not a financial advice... i am posting it only for educational purpose.
DOGE > Trendline Breakout > To the MOON?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of DOGE.
According to my technical analysis, Doge will go up as it just broke a major trendline and we are expecting a retest to the trendline.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
DOGE.DOGE looks like a buy for the first time in months as a multi-week resistance line has now been broken on the daily and weekly charts.
Bulls will need this week to confirm a full body candle close outside of the trendline as well as maintain above 0.2346.
As of this moment DOGE is a low risk long but if price breaks below 0.2346, I would go ahead and exit the position and look for re-entry along the downward sloping line that should serve as a support area now. However, a break back into the downward sloping green trendline (on the weekly) would be bearish and one should refrain from seeking any longs if this were to happen.
BTC LONGSBTC longs to 35k... The analysis is based majorly on price action and trends. Not financial advice though.
$TSLA is priming to lift off No news yet but Tesla looks ready to push toward new levels by the end of summer. Currently we sit in a bullish flag which could result in new all-time highs.
Chances are we could see one last retest toward $560 before finding enough fuel to breakout unless we see critical news released over the weekend (attention toward the plaid).
DCJ
Possible DOGE short term bullish movementSqueezing. May be a bullish breakout, or maybe just short term wave up.
SL: 0.2563 (immediatelly trail if in profit, it´s better to be breakeven stopped than in a loss)
Limit BUY @ 0.2448
TP1: 0.2775
TP2: depends on
DISCLAIMER: not a financial advice, just my subjective personal perspective.
Trade safe!
DOGE Long Term PathA large up channel has acted as support on the bottom of the channel and resistance at the top of the channel, obviously. Within the last week, we saw a strong reaction off of the bottom of the channel. A break of the falling wedge to the upside may send DOGE to the top of the channel. The green circle highlighted at the top resistance line is a possible reversal area.
Elon candle| BTC massive trend reversal after Elon Musk's tweetIn this post, we are exploring the effect of "humorous tweets" by the Billionaire entrepreneur and CEO of Tesla, Elon Musk. In the recent past, his tweets had created quite a stir in the crypto universe. DOGEUSD had skyrocketed massively. Bitcoin tanked terribly after he tweeted that Tesla stopped accepting Bitcoin payments.
Just a few hours back, he has taken another humorous jab at BTC maxis by asking how many are needed to change a light bulb. Michael Saylor, Dan Held, Peter McChivo, and many more giants quickly joined the twitter frenzy to respond to Musk.
Many critics are calling out the SEC to take notice of his actions, terming them to be a clear case of market manipulation. The SEC is probing hard into the crypto realm, with the investigation with Ripple.
Elon had earlier stated that his company still holds $1.5 billion dollars worth of Bitcoins. It remains to be seen whether the tweets turn out to be the premise for a regulatory investigation.
As of now, BTC has already lost more than 4.2% of its market capitalisation post the tweet! And that does worry out the investors!
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