1000x Doge Easy StrategyThis buy and sell strategy is intended for long term investment specifically for Dogecoin. It is intended for the Dogecoin trader to find easy entry points in to this volatile asset. It is recommended to also follow Elon Musk on twitter so you can find the supreme entry timings for pure moon profit.
MEME
The MEME LivesDogecoin (DOGE) developed a significant bullish divergence signal with the MACD indicator. The bullish MACD divergence signals a potential reversal in the price of Dogecoin. This is a strong bullish reversal signal and is supported by multiple other technical factors that can revive DOGE.
MACD Bullish Divergence
On the daily chart, DOGE's price has made a lower low, but the MACD histogram has printed a higher low. This is a sign that the downside momentum is fading. The MACD divergence puts some doubts on the bearish side and may signal a possible change in the trend direction.
200-Day Moving Average
The 200-day moving average aligns perfectly with the current swing low of $0.16 to provide further support for the bullish case scenario. We know that all prices above the 200-day moving average are considered bullish.
The 200-day moving average also has confluence with the $0.15 support level, adding more weight to this price zone.
Looking Ahead: On the upside, the bulls need to overcome the big psychological number $0.30, which is a key resistance level. At the same time, the MACD histogram along with the MACD's moving average need to cross above the zero levels to provide the needed bullish momentum for DOGE.
TSLA PUT PLAY (IF IT FAILS) HUGE GAIN 460SAll,
Pretty obvious what happens when TSLA hits this downward trend. I will be buying PUTS .. IF!!!
1) it clearly loses buying pressure
2) no positive news
3) selling pressure
4) BREAK of previous high
Any of these not occuring and it finally/somehow breaks it there will be a massive bull run at least 740+ afterwards in which I will be bullish.
AMC - PART 3- POSSIBLE BULLISH ASCEND TRI - SPEED FAN ARC/PLAYAll,
AMC far more interesting here if we can break out the top to confirm the ascending triangle. The two fakeout candles also make it seem this way. Looking like we of course would hit 68/70s on way up but the cap would be around 103ish maybe less FOMO. NOT SAYING THIS WILL HAPPEN. We all know how crazy the shorts are etc.
Other would be not fakeout candles and be bearish move down probably bad one.
PLAY = WAIT AND SEE AT PATTERN END
GME Bearish Flag formingLet the trolls begin lol.
To be real the volume has completely dried up since Jan on this stock. It makes sense since its trading at 200+ dollars and trading as high as some really good stocks like SQ and FDX. Others went on to other meme stocks that are much cheaper to trade. The average guy can no longer afford to buy up here and possibly lose his/her money due to the insane volatility. My guess is the only people pumping this stock up here are whales that still make alot money off of this and the average retail traders who are completely in love with this stock. I get it.
As far as the chart goes, I currently see an oversold situation in the hourly chart which creates the E part of the corrective wave (230ish) then finally come falling back to (153ish) in the .618 fib retracement which only makes sense as its also a trendline support. Stocks or Stonks, it finds a way to retrace back like the January high then a fib retracement of 1 due to the magnitude of the climb. I wouldn't be surprise further down the line it replicates the move up from Feb but in the opposite direction and finally settling back around 66ish area.
Dont hate the chartists, everyone is entitled to an opinion or you're just a pig.
Don't like memes, a big play on AMCAMC made a huge run up to 70s but now needs to correct the leg that pushed it up. It is currently working on a descending triangle formation that will eventually lead to a proper fibonacci retracement near the low 30s which will most likely fill that gap up before running back up again. There is a huge possibility this can hit not suprisingly (meme) to 100 if it fills that gap. I would go short in near term but long when it comes down to my tgt near low 30s.
BA - HUGE PUT PLAY NEAR FUTUREAll,
This is weekly chart, but I see this playing out to the downside rather largely. In part due to the visible range/session show some low volume areas that will be slid through once breaking. Need first conformation of break but I may enter soon.
PT#1: 195
PT#2: 188
PT#3: 163
Then swap to long once confirmed
UPST - BULLISH PINBAR - CALLS - CLOSE PT - WEDGEAll,
I think this is worth watching for a bigger pop on call options (as always need a breakout and full candles before entering and/or catalyst.
Why:
1- Wedge
2-Candle very bullish after sell off downtrend
3- On big support here (aka probably creating the bull pin bar)
4- RSI down and the bands on MACD/MA are wide
5- Q/Q - 40% Increase income / 7% increase profit margins (probably not reflected in price seeing downtrend)
SHIBUSDT - UPDATESHIB has recently saw a strong bullish impulse after the news that it would be listed on coinbase pro. Market has broke above the descending trendline on the daily timeframe, now what we are seeing is a nice correction to retest previous resistance as new support. Also if you look on the 1hr timeframe we can see price is forming a nice bull flag. i would like to see confirmations at this support FIRST before POSSIBLY looking at capitalising on the continuation to the upside.
make your $WISH*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 discovered $WISH a couple days ago. We first heard of WISH when a friend made a joke about how cheap $WISH products were. The name sounded familiar but we had zero clue that it was an online retailer until he explained it to us.
Perhaps we didn't know because we live under a rock, or maybe we're too busy making money instead of spending it by shopping online. Regardless, we still see the appeal of $WISH, and we wonder just how much of its market still remains untapped. If none of us knew what $WISH was prior to a couple days ago then maybe...just maybe...this is just only the start of its rally.
$WISH is also a meme stock apparently. My team has never traded meme stocks prior to this post, but that doesn't mean that we're opposed against them. Our issues with most meme stocks dwell in the overvaluation of the stock...but we suppose that's the whole point.
$WISH is a rare case however because it ACTUALLY looks undervalued to us.
We're long.
entry: $11.30.
take profit: $18
stop loss: $9.50
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AMC Looking to Pop HigherSymbol: NYSE:AMC
Indicators
Laguerre RSI
ALMA x2
Thoughts...
LagRSI is showing bullishness which may be good for the "apes"... haha
Things to Note...
AMC is ridiculous and should be traded extremely carefully and with extreme caution... New traders have their accounts blown up while still being right on their assumption... just because they have never traded in the markets before. Don't let that be you.