Best entry point? Key support tested! 27.02.23What happens when a "falling wedge" pattern meets a long-term support line and they both bump into a potential Elon Musk takeover by Twitter?
"Falling wedge" is a bullish reversal pattern. 0.85 is key resistance to pass for breakout up, confirming much further upside above.
Support line goes back to October 2022 and confirms higher lows.
Dogecoin is a POW coin (proof of work) and is mined similar to Bitcoin, no pulling the rug here.
Dirt cheap, great upside, exciting stuff.
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I encourage you to do your own research and practice caution when trading, especially leveraged products.
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Elonmusk
$QOMWETH Shiba Predator QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
The live Shiba Predator price today is $1.02e-7 USD with a 24-hour trading volume of $4,162,720 USD. We update our QOM to USD price in real-time. Shiba Predator is up 30.55% in the last 24 hours. The current CoinMarketCap ranking is #381, with a live market cap of $61,291,329 USD. It has a circulating supply of 599,886,333,333,333 QOM coins and a max. supply of 1,000,000,000,000,000 QOM coins.
Tesla’s price has doubled in six weeks, where to from here?Back in October, we made an outlandish call for Tesla to more than halve and fall from $220 down to $100. Four months later, we are both delighted and somewhat saddened to see it came to fruition almost perfectly (although technically it only fell to $101.81, leaving out bear call out of pocket by $1.81 per share). It was nothing personal against the company or Elon, but we simply looked at the data and hypothesised an idea based it. So where is Tesla to go from here?
Incidentally, the stock is almost right back where it was in October and trades at $202.35, having more than doubled and rallied 113.8% in just six weeks.
Tesla (TSLA) weekly chart :
We can see on the weekly chart that the rally from $100 has been string and in a relatively straight line, and volumes rose to a two-year high to show fresh buyers entered the market and bears closed out. However, we’re approaching the broken neckline which could potentially prompt a pullback (or a consolidation), but the strong volume and price action suggests it could eventually break above it.
And whilst a bearish hammer formed two weeks ago, it was followed by a bullish engulfing week with higher volume to show demand at these highs. Therefore, a break below 187.61 assumes a pullback, but bulls may be interested in loading above this key level for a move to the neckline around $225.
Tesla (TSLA) daily chart:
The daily chart shows a small pullback within the range of a bullish engulfing candle at the highs. A small bullish hammer formed yesterday for a potential higher low above last week’s low, and the daily engulfing candle. After-hours trade also see it trade slightly higher. Also note that the 20 and 100-day EMA’s sit perfectly on last week’s low, making $187.61 an important support level for bulls to defend. RSI (14) remain positive above 50, so we’re looking for another burst higher on the daily chart.
• The bias on the daily chart is bullish above $187.60
• We anticipated a move towards the $220 - $225 area (along the neckline, depending on how quickly it gets there), where we may then see a pullback from the broken neckline
• Keep in mind the November high around $237.4 which could also cap gains over the near-term
• A break below $187.60 assumes a deeper correction, where we’d then look for evidence of a swing low around a Fibonacci number or the ‘gap support’ zone’ (at which point reconsider longs, in line with weekly volume and momentum)
DXY Bullrun MatrixVBanks bought gold XAUUSD and cleared their imbalance in weekly chart = Retail Investors buy gold at its highpoint
Banks push the DXY so retail investors lose their money
1. Monthly Imbalance has been cleared
2. Trendline Liquidity has been broken
3. Confirmation for Bullrun => Price is rejecting daily imbalance & Liquidity Breakout
4. What does this mean => USD/JPY Bullrun , EUR XAU/USD sell
GG Ez Panzaknacka MatrixV
$QOM Shiba Predator🥂🍾🎆QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
The price of Shiba Predator (QOM) is $0.000000059116 today with a 24-hour trading volume of $1,065,853. This represents a 8.80% price increase in the last 24 hours and a 20.10% price increase in the past 7 days. With a circulating supply of 600 Trillion QOM, Shiba Predator is valued at a market cap of $35,347,787.
Dogecoin (DOGE.BTC) Dogecoin finally hit 0.1$ today after breaking 0.95$ with a 24 hour trading volume of 1.5 billion dollar. DOGE price is up 8% in the last 24 hours
0.0000045 was very important support level and 0.000007 is the next important resistance for doge bulls and good time to take profit as well
Dogecoin’s development activity, however, witnessed a massive spike over the last few days. This spike would suggest that the development team at Dogecoin made a lot of contributions to its GitHub repository. High development activity could suggest the possibility of new upgrades on Dogecoin’s ecosystem in the future
Dogecoin ! LETS KEEP ON GOING BABY !! TOO THE MOOOON!!!BINANCE:DOGEUSDT
OULD DOGE KEEP ON KEEPING ON onto the upside !??
Let me know what you guys are thinking about DOGE I love to hear !
Here are in my opinion some KEY LVLS OF SUPPORT/RESISTANCE to keep an eye out for right NOW!
KEEP it simple and safe out there guys! all THE LOVE
BINANCE:DOGEUSDT
DOGECOIN's perfect entry point?! Clear pattern 06.02.2023WOW!
Very clear parallels highs and lows ascending tunnel pattern appears on chart.
Buy entry around current rate 0.092 could be an easy ~10% catch to the peak of the tunnel at 0.107.
Stop loss below the tunnel floor at around 0.0877 to be safe for false break could be a great immediate trade with much lower risk than potential reward.
Good luck
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Always do your own research and practice caution when trading leveraged products!
I appreciate any comment, question or interaction :) Thank you!
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ArmanShabanTrading |🔵 GBP/USD : First Bull Then Bear !!!First LONG , then SHORT ! The Possible Trend of British Pound / U.S. Dollar is shown on the chart and now the price is in a Demand Zone ! Bullish target can be 1.227 (as the first target) and after that we can look for a trigger for Short !
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 02.08.2023
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Tesla (TSLA) Stock Price Analysis Hello and good day to all!
As of now Tesla just broke out of its downward trendline and wants to push to the upside.. as you can see in this chart the price needs to push through the red portion on the Ichimoku cloud and make the 135.59 lVL of Resistance into Support in order to move up.
If we can change this LVL into support, we will be looking at testing the 141.28 LVL.
If Tesla continues up our next lvl to watch out for will be the 149.46 - 151.95 LVL
AND then the 155.87 - 160.85 LVL from here..
Let me know what you guys think! I love hearing everyone's opinion!
Have an amazing Friday everyone :)