Dogelon Mars (ELON) formed bullish Butterfly for upto 252% rallyHi dear friends, hope you are well and welcome to the new trade setup of Dogelon Mars (ELON) token.
On a weekly time frame, ELON has formed a huge bullish butterfly pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Elondoge
Dogecoin’s Bullish Cycle Tells Us When We’ll See a New All-Time Based on the long-term trajectory of Dogecoin (DOGE), the DOGE price has the tendency to produce a new all-time high every 3 to 4 years. Therefore, this pattern can help us predict DOGE's price moving forward.
Dogecoin Bullish Cycle
Based on this cyclical model, we can expect Dogecoin to reach a new all-time high anywhere between 2024 and 2025. From January 2014 to January 2018, we had the first bullish cycle which lasted 4 years. And from January 2018 to April 2021, we had the second bullish cycle lasting 3 years.
Between each all-time high, DOGE's price tends to consolidate in never-ending ranges that have sudden bursts in the price that are quickly reversed.
These consolidations have lasted a minimum of 156 weeks before DOGE broke above the previous all-time high.
All things considered, we don't know for sure how DOGE's price will perform compared to the previous cycles, but we have a rough estimate of what we can expect moving forward.
Looking forward: The bottom of this consolidation can be established at the $0.05 considerable round number. This level is significant because when the price broke above it in April 2021, it led to Dogecoin hitting a new all-time high.
BIG BILLION BREAK - 11.5.2022 No matter if the price keeps climbing or falling, it is bound to happen BULLS WILL ATACK THIS with all they got! BIG BILLION BREAK on 11.5.2022 there is NO OTHER WAY. This puppy will GROW into a space conqering BEAST!!! ELON to MARS & Beyond we are TWEET away from GREATNES.
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.
ELON, JUST AS EXPECTED...Hello,
As expected, Elon has began to make a strong recovery post the market flash crash and touching down into the demand zone.
Pattern looks bullish and I believe that Elon can absolutely sky rocket from here as long as bitcoin stays in an upward/sideways movement.
Elon has also broken above the top of our triangle pattern which is a very positive sign.
updates to come.
:)
ELON, "I CaNt TeLl If YoUr SeRiOuS"Well, perhaps you should learn to read a chart yourself then.
Hello everyone,
Though we have broken our support of .000001500 a divergence signal has also triggered meaning this is very likely a bear trap.
Please be aware that trading carries risks, especially trading meme coins.
YOU are responsible for knowing and managing your own risks.
My analysis are simply to demonstrate my personal outlook and analysis on the market and should not be taken as financial advice. I have recieved a high reputation for my accuracy but do not claim to have a crystal ball.
With that being said, I have not sold any ELON and will inform if my bullish sentiment changes.
Updates to come.
:)
No Elon Musk No problem Bullish on DOGEEven with Elon Musk's reply "dooogee" to coindesk on twitter just yesterday, no significant impact on DOGE has been identified just yet. Still though, from the perspective of a technical side, DOGE is in a falling wedge pattern, which creates a massive bullish movement as long as the price breaks out of the pattern. Time for that is looking not very close though. However, we still can make up to 40% trading in between the support and resistance lines of the pattern.
ELON, PREPARE FOR BLAST OFF!!!Hello fam,
ELON looking strong as it has touched and held support of .000001500
I am expecting a parabolic move VERY soon!
Drawn on the chart is where I expect the bounce off the support to take us on the 12hr time frame...
DO NOT lose hope and get shaken out! We are so close.
Updates to come...
:)
ELON, 1...2...3!!!Hello Everyone,
It looks like we are getting closer and closer to a break-out of Elon.
As you can see from my chart, I have done away with the triangle pattern as I didn't see the typical breakout from a triangle I would expect from a valid triangle pattern.
This does not however change my bullish outlook. In fact, I am even more bullish after looking at what Elon has done and monitoring large whale transactions purchasing millions of dollars over that last several days which confirms my analysis plotted on the chart above.
The chart is pretty self-explanatory as I have basically drawn out everything.
I expect a break-out to the upside with-in the next 6 days.
It is VERY important that we hold the .000001500 Support!
I believe we are seeing a final shake-out in alts before we sky-rocket.
I am expecting over a 100% ROI in ELON...
Stay tuned! :)
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/USDT. Update 11.24.21 From my previous post, you can see we how had a breakthrough; however, is not what we expected, we wanted a bullish breakthrough but did not happen. INSTEAD, Dogelon created a Higher Low, we had a Low already created back on Nov 4th 2021. If you look at my chart on the daily you can clearly see the High and Low of Dogelon, we have extended our triangle. I'm taking advantage of all the lows to add more to my position and stack a nice amount for the break and take profit partially and let the rest run once the breakthrough happens. At this point we just need to wait and see how the market behaves for the remaining of the days. IF everything goes according to how we see (although never happens and our job is to adapt to the market) the chart, the next possible breakthrough might be around "December 2nd" Like I stated earlier, market is unpredictable therefore all we have to do is adapt when it happens, all we can do is follow and execute the opportunities given to us. -NOT A FINANCIAL ADVISOR, THIS IS ONLY FOR ENTERTAINMENT PURPOSE. TRADE AT YOUR OWN RISK.
ELON, I'm not worried unless...AHHHH.... what now?
It looks bad...I know.
But...I am not worried unless we close a 4hr candle below that Orange line.
I try to keep my charts simple for my post but because I know many are concerned on our position in ELON, I have decided to publish all my lines that assist me in my analysis.
In my last post, I mentioned that if we fell below that grey line which has proven to be a strong support, we would need to reevaluate our position.
So, since we have fallen below our support line, we will want to watch carefully to make sure we do not fall below what I call the "real bottom" this is the ORANGE line on my chart.
THE GOOD NEWS...
As you can see, I have drawn some trend lines indicated by the RED and GREEN arrow lines on the chart.
Typically, where those two lines cross is going to be a sign of 2 things:
1. the bottom
2. a reversal
Currently, the price is sitting right above our GREEN trend line. This is good.
We can also see that our ORANGE line crosses right through that "X" of our two trend llines confirming that crossing of our trend lines price point to most likely be the bottom.
SUMMARY:
its not the end of the world :)
High chance of reversal to the upside.
4hr close below ORANGE = Bearish
4hr close above ORANGE = Neutral
4hr close above both ORANGE and GREEN = Bullish
ELON, STILL BULLISH HERE'S WHY...Hello everyone,
Our trade on ELON is taking longer to play out than originally expected however, I remain very bullish at this point in time.
As seen in my chart, we have been following an uptrend nicely with no breaks of support after the bear trap earlier in the pattern where we dipped below briefly before immediately rising back into the pattern.
On my chart I have pointed out where we have found support numerous times on our trend line affirming the bullish sentiment.
Another bear trap is possible (though unlikely imo). If we do experience another bear trap, the price should not fall below the dark grey line to remain bullish. If the price falls below that line, we will need to reassess our position.
As of right now however, it is still looking very bullish. It is also of interest that a wallet has purchased a little over 80 million in Elon over the past 18 days adding to my own bullish sentiment.
Updates to come. If you haven't already, please LIKE and SUBSCRIBE for future updates and analysis.
To my Shiba holders: I will update on SHIBA next. I will post my SHIB analysis by the end of the day. :)
elonusdtMaybe its happen
Its moon not Mars
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ELON, BULLISH TRIANGLEHey guys,
been on a trip and know I haven't posted for a while so I will be updating on different charts throughout the day.
Starting with ELON which is currently bouncing around inside a bullish triangle on the 4hr.
A break up out of the triangle would trigger a massive move to the upside.
As with any asset that is going into price discovery, it is hard to pinpoint an exact resistance point but my take profit is around .000003450 based on the measurement of the last bullish move.
Updates to come...
:)
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))