ELONUSDT trade ideas
ELON Still above Daily Bollinger Band, Merry X-MasMerry X-Mas Same chart, but added a bearish pull back red fib retracement. Notice the golden Pocket -61.8 to 65 lines up to the Daily 21EMA, So watch for that, or breaking the northern Blue Resistance lines and targets are marked and a Bullish black fib extension... Look for 1.618, 2.4 , 2.78 in the future... Patience, and buys if goes lower
ELON Another Daily Close Above Top Bollinger BandEven with a Holiday, DogElonMars ELON, has closed another Daily Candle above the top Bollinger Band, the 2Day did NOT! So... Wait and see what Christmas Day Brings, the Boll Band will rise again, and if price action stays where it is now at 1650 or so, then the next Daily close will be Below the top Boll Band. When closing above, it means continued upward momentum. Consolidation here would be awesome for the long term...
We shall see what next week brings to the markets in general, and with BTC rising, ELON should fare well.
New all time highs coming, but have to be patient.
Some say they missed the buy in, but just buy in $20-50 per day, and DCA your basis point.
2-3 X from this point would be the Market Cap of EOS, at 3 Billion, personally I wouldn't expect more than that, unless the whole market does a 5X, but realistically 2-3X are good profit taking zones. Then leave some skin in the game till after the next halving cycle in 2024. That's how Doge coin HODLers made their Massive gains
Two Hurdles and we can aim higherThe price action of Elon has been majorly sideways. My lead hypothesis is that we are working a contracting triangle. Recent price action are early evidence this interpretation is correct. However if we start trading above this two resistance we can expect higher price action in coming days
ELONThese are levels that I'll be keeping an eye on when dealing with ELONUSDT, and I'll revise as price action progresses.
I adapt to the change in money flow.
I'm making a published idea about this crypto due to all of the noise I've been hearing on social media. Price is currently at the high end of the curve which typically means we can potentially see a reversal to the downside. However, the fact that price deviated to the upside breaking structure can be looked at as a precursor for what's to come in the near future.
I would actually wait to see if price will come down to the low end ($0.0----1035) which is nestled between an untouched range. If the bullish momentum is strong enough that might not happen so then I would wait for a break in structure to the upside, retest and then I would look for opportunities.
Just my thought's and nothing more, nothing less. We shall see..
Why I'm long Dogelon Mars has a market cap 20x smaller than Shiba Inu's. The potential of this meme token is that much if not greater due to its name. I believe Elon Musk will invest in this with billions of dollars. Dogelon Mars $ELON is so undervalued, that outside of my leveraged positions in other cryptos, Im continually long with all of my fiat going into this one. I've been long since 300. I've been long since 2600. I'll be long when it's at a 30x larger market cap. If you missed out on Shiba Inus exponential % of gains, this might be your lucky investment. It's being listed on all major exchanges soon. Get ready for Mars.
A dangerous shitcoin with high earning potentialDear shitcoin trader, welcome to a new analysis of Dogelon.
From an analytical point of view, everything points to an even more dazzling rise that could even exceed its ATH, a triangle breakout from above, an RSI going straight to its overbought level, everything is lined up but we know how this kind of token can be manipulated by one person, nothing is won, are you ready to take this risk?
It is difficult to predict the eventual evolution of the price of a shitcoin, even if analytically everything seems to indicate a breakthrough from above, one bad news and the price can lose -50%.
Be careful, and only put what you are willing to lose in this kind of token, very volatile !
But feel free to do your own research, this is just an analysis, this scenario may not come true.
This is not an investment advice.
ELON Breaks above resistance trend lines; eyes higher levelsOur internal bot pushed a signal to us 9 hours ago about $ELON. At that time, we wanted to hold out and wait to see if it would be successful in breaking above the resistance trend lines.
Fast forward a few hours and ELON has punched above both resistance trend lines giving us the green light. We are targeting higher levels at round numbers 150, 1600, 1700, & 1900.
A move below 1150 would negate this idea as price would be pushing back below the old resistance turned new support lines.
ELON rank #102, Need. Solid Close above 1655MacD, and RSI just turning up again on the 2 day chart, Falling wedge target is 2050 ish... Once back in top 100 then news will be out, more plugs then too.... Buy and hold, new ATH in 2022! If you banked on Shiba and Doge, get ready for the new kid, ELON to Mars!
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.
:)