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ELONUSDT trade ideas

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... :)
by UnknownUnicorn8519602
1
$DOGEUSDT $SHIBUSDT $ELONUSDTDogecoin in 2021 Fast forward today in 2021, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market. On May 8th, 2021 the cryptocurrency recorded an all-time-high market cap of nearly $90 billion and trading at a price of $0.70 per DOGE. That is nearly +141,000% increase since its inception in 2013. Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin. What is Shiba Inu token? Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months. As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world. Dogelon Mars Coin Price & Market Data Dogelon Mars price today is $0.00000150 with a 24-hour trading volume of $69,565,637. ELON price is up 11.3% in the last 24 hours. It has a circulating supply of 550 Trillion ELON coins and a total supply of 1 Quadrillion. If you are looking to buy or sell Dogelon Mars, Uniswap (v2) is currently the most active exchange.
Long
by BADQOMOCAWGOWLD
Entry ELON@ 0.0000014 Target@ 0.000007 Oct 22, 2022 Update DogeElon Meme Coin Entry ELON@ 0.00000140 Target@ 0.000007 Oct 22, 2022 Update Entry ELON@ 0.0000013 Target@ 0.000007 Oct 22, 2022 Update Entry ELON@ 0.0000012 Target@ 0.000007 Oct 22, 2022 Update Entry ELON@ 0.00000160 Target@ 0.0000040 Nov 22, 2021 Fibonacci Extension Entry ELON@ 0.00000150 Target@ 0.0000040 Nov 22, 2021 Delay Entry ELON@ 0.00000140 Target@ 0.0000040 Nov 22, 2021 Delay Add 35,000,000,000 addition coins (Cost Average) add 3,000,000,000 addition coins limited editions.......... Bought 10,210,867,846 Billion Coins Short Term to Long term holder Technical Analysis Set-up: 0. Symmetrical Triangle Established 1. Break-out of Ascending Triangle 2. Pull-back towards 0.0000012 3. Ideal Entry at 0.00000160/ 15/14 4. Target Range 0.0000032 to 0.0000040 5. Fibonacci Extension Target@ 0.0000060 to 0.0000070 6. (Faky) Fake out: Establishing Anchor/ Spike Reversal Fundamental Descriptions: About Elon As you may know, I have dedicated my life to ensuring that humanity becomes a multi-planetary species. This involves work on four front: interplanetary flight, terraforming the planet, sending settlers, and creating an interplanetary currency. I am excited to announce today the launch of our forefront in our mission to Mars. The first interplanetary currency: Dogelon. Technically, it is is a fork of Dogecoin , in the same sense that a knife is a fork of a spoon. I have named it after the capital city of Mars: Dogelon (pronounced Dog-a-lon, not Doge Elon because that would be arrogant). The ticker is Dogelon (ELON), which should help prevent any confusion. I am launching this currency today, in anticipation of bringing the first settlers to Mars, for a very specific reason: To help people take the trip with me. A lot of good people have hopes of one day reaching the Moon. In my opinion, of course, this is a very low aspiration. We want to reach Mars and beyond. However, many of those good people are rugged, or buy scam tokens that can't be sold. For this reason, the Dogelon community pledges to send tokens over time to victims of rugs and scams, so that the worst day of their trading life can be turned into their best. And after some time, they will be able to join us on our regular flights to Mars.... Project website: dogelon.io Bitmart Exchange: www.bitmart.com
Long
by SUPERGENERAL610
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.
Long
by KasraInvestments
TO MARS? WE'D FACE THE BULLISH IMPULSE🚀✅PREVIOUSLY ON DOGELON 💡0...0(BUY) ↗️5waves(impulse) 💡1...0.00000244(SELL) ↘️Long Zig-zag 3waves(correction) 💡2...0.00000004(BUY) ↗️5waves(impulse) 💡3...0.00000253(SELL) ↘️Short simple1wave?(correction)*Rule of alternation 💡4...0.00000087?(BUY) ↗️5waves(impulse) 💡5...Above 0.00000253(SELL) ↘️5waves(impulse) 💡A...*(BUY) ↗️3waves(correction) 💡B...*(SELL) ↘️5waves(impulse) 💡C...*(BUY) ✅ WHERE WE ARE 0.00000253 can be thought as 3(lime) Given that 12(lime) corrective waves were long zigzag, 34 corrective waves should be simple and short. (Rule of alternation) If so, 0.00000087 could be thought as 4(lime). If we are already on the bullish impulsive wave after 0.00000087, we can expect the strong 3rd wave(white23). As of now, the price is being received by Fib61.8 and the lower channel. *As long as 0.00000087 remains unbroken, this idea is valid. 💡The absolute principle for trading💡 BUY - as low as possible SELL - as high as possible PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
ELong
by waveslover
2
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
by UnknownUnicorn8519602
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. :)
Long
by UnknownUnicorn8519602
2