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Dogelon / Tether

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ELONUSDT trade ideas

$ELON Rebounding After 53% Correction; Target: $0.000001800$ELON retraced perfectly to the 1.618 fib level, measured from the all-time high, to the first wave low of the correction. From the touch of the 1.618 fib $ELON's trend has started to look positive; currently bouncing off the 50% level, measured from the low of wave C of the correction to the high of the first wave in the apparent reversal. Target is $0.000001800 where I analyze some strong resistance and possible rejection back down to the high of the first wave of the reversal. $ELON is also showing signs of forming an inverse head and shoulders pattern to reinforce my prediction.
Long
by CLiPPx
10
ELON - WARNING! POTENTIAL FOR UP TO 40% DROPHey everyone. I've never wrote about this coin before because it's relatively new I think and this is purely Technical Analysis and zero Fundamental Analysis. I know its a meme-coin that is hyped up like many these days. There's a BIG Head and Shoulders pattern POTENTIALLY forming... If ELON crosses below the neck like I'd say there is a higher risk of it dropping 20% - 40% If if goes below that green support on the chart I PERSONALLY WOULD SELL. I really think the indicators LOOK BAD ... Especially if the RSI crosses below the white line creating bearish divergence on the RSI. It's very close (if not there already) now. Hopefully this helps people. meme-coins in particular have a tendency to PUMP AND THEN DUMP a LOT more than others... Just look at the charts of them historically it's a fact, not an opinion. IN MY EXPERIENCE , head & shoulders patterns usually play out and with accurate targets. You're welcome to view my other charts on TradingView to see how they play out. If you like this idea please LIKE, FOLLOW, SHARE... It's appreciated. I try to keep the charts updated when/if necessary so check back if you feel the situation has changed. Thanks . More charts soon.
by Mboersma0324
21
ELON a Buy @ 1300 matches FibsHealthy dip, liquidating leveraged longs, ELON couldn't break up, so it broke down profit taking and too many longs. Retrace to a perfect touch of middle Bollinger Band on the 12 hour, Zoon out and chart looks healthy. Could hit the blue box teritory, of 1300 for a re-entry. black Fib is bearish retrace, Blue Fib Fib Extension. Both match the 1.618 and 61.8 and VPBR has volume there, then J curve up to 4.618. Needs to hold upper half of bollinger bands or will test bottom band in the future.
Long
by Chefrusty
DOGELON to MARS looks Promising!After recent ATH we have now reach a consolidation period, if price breaks through 0.000002269 the next resistance level will be 0.00000.2633. Volume is still moderate at the moment so we may see more consolidation for the time being but I am still Bullish on this coin! Price is still very appealing and as more investors become aware of this coin and more exchanges begin to accept trading this crypto currency on their platforms we can expect more buyers to enter the market!
Long
by MrMitchellCrypto
13
Elon Breakout can now be analyzed Update to the previous TA I posted on Elon, of course, we have now broken out from the accumulation pattern, and we are now well on our way to continued price discovery. This token has a few opportunities that should be mentioned, it's name, ( seems to matter these days ), the volume observed in the order books for the last few months, the concurrent listings on multiple exchanges including crypto.com leads me to continue to lean bullish on this token / listing.
ELong
by CryptoAfterDark