Analyst Expects Potential $1 Rally in Dogecoin If This Level BreCurrently trading at $0.05945, Dogecoin is nearing the top of its multi-year descending triangle formation. According to Martinez, a close of the weekly candlestick above $0.0835 could trigger the start of a new bull season for Dogecoin and potentially push its price to $1.
DOGE users should consider the $0.0482 support level. The analyst thinks that any signs of weakness at this level could lead to a new yearly low.
Elonmusk
$TSLA Earnings Projection! Can the Weekly Downtrend Break?These are projections based on my form of technical analysis. So far regarless of the sentiment we remain in a lower time frame uptrend. We are at a downtrend started from the end of 2021 and with the market fearful the trend could easily change.
My bullish projection for a gap and go is 320
My bearish projection would be 196 with a wick and close at 217
Otherwise, if neither triggers are broken I would expect sideways option burn price action.
Remember Earnings are always a gamble, while I do believe the chart can show us, a side ways stock is a triggerless one.
Evaluating TESLA's Trillion-Dollar Aspirations:Time to Invest?Evaluating Tesla's Trillion-Dollar Aspirations: Is It Time to Invest?
As Tesla's market capitalization nears the $800 billion mark, investors are keeping a close eye on the possibility of the electric vehicle (EV) giant rejoining the exclusive trillion-dollar club. With several factors working in its favor, including the global shift toward EV adoption and a reputation for innovation, Tesla appears poised for further growth. However, a meteoric rise in its stock price has raised questions about the right time to invest in this industry leader.
Tesla's Dominance in the EV Market:
Tesla has undeniably solidified its position in the US EV market, strengthening its economic moat through brand recognition and cutting-edge technology. By initially targeting the high-end market and delivering innovative features via software updates, Tesla has won the hearts of many without extensive marketing efforts.
Technological Expertise:
Early-mover advantage has given Tesla a technological edge in manufacturing capabilities, software development, and hardware design. This expertise equips the company to thrive despite intensifying competition in the EV industry.
A Glimpse into the Future:
CEO Elon Musk's vision for Tesla's future is nothing short of ambitious. The company's pursuit of fully autonomous vehicles, along with a potential robotaxi service, could lead to staggering profits. Even prominent investor Cathie Wood and Ark Invest share Musk's optimism, projecting substantial revenue from autonomous ride-hailing services.
Competition and Market Challenges:
While Tesla has outperformed its rivals, competition is an ongoing concern in the expanding EV market. Established automakers and newer entrants in the US, as well as formidable Chinese competitors, pose challenges that Tesla must address.
Price Reductions and Profit Margins:
To stay competitive, Tesla has resorted to price reductions, which have contributed to narrowing profit margins. This trend is something investors should keep a close watch on.
High Valuation:
With a price-to-earnings (P/E) ratio of 73.6, Tesla's stock is trading at a premium valuation. This may give pause to conservative and value-oriented investors who seek reasonable valuations.
The Verdict:
While Tesla's track record and Elon Musk's innovative leadership are compelling, its current market capitalization and lofty stock price warrant a careful evaluation. Investors should consider whether Tesla can sustain significant outperformance in the coming years. Waiting for potential price pullbacks before making investment decisions might be a prudent approach.
In the dynamic world of EVs, Tesla's journey to the trillion-dollar club is one that investors will be keen to follow closely.
Tesla (TSLA) -> 300% Is The GoalMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Tesla.
With the Covid19 Crash in March of 2020 Tesla stock perfectly entered a solid rising channel and and pumped more than 1000% towards the upside before retracing 70%.
Following this bullish trajectory I do expect another short term pullback to retest the $200 level before we could see a pump at least back to the previous all time high at $400.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
$TSLA Still Hurdles to Clear PBSSo most of my trading is done on my own stream during the day, where price opening tells me MOST of what I need to know about the stock going forward and we have straight forward rules for that. Currently we are still trying to break a WEEKLY downtrend, and battling to resume a lower time frame uptrend.
Have a great trading week!
"Tesla's Drive Towards Sustainability“
As of today, Tesla (TSLA) exhibits strong technical bullish signals. The stock has consistently formed higher highs and higher lows, indicating an uptrend. Key moving averages, like the 50-day and 200-day, are trending positively. Relative Strength Index (RSI) suggests momentum. TSLA appears poised for further gains.
Target of Bitcoin on 3 to 5 weeksIn the analysis of Bitcoin, in the weekly time and in the medium term, with the confirmation of the intermediate wave 5 at the ceiling of $31,000, it reached the support of $25,400 again. Now, by moving away from this support, it can make the flat wave XYZ at the border of $25,400 to $31,000. This can lead to the growth of Bitcoin to the level of $31,000 in the next 3 to 5 weeks.
SHIBDOGE - pump doge by fractal and pattern to SHIB. You can see more details about the global chart in the related idea or next to it in the profile will be published with this idea. The last DOGE dump and then a strong decline and mega short. Locally you can watch longing, but globally you should think about DOGE positional shorting.
XRP Target in short termIn the Ripple review, in the short-term 4-hour period, with a strong Bull candle up to the level of $0.554, we see a happy one. We are tall. According to the bearish harmonic created in the ceiling of the candle, it can be a short position for the falling target of $0.5149 within 2 to 4 days.
Is Elon Musk still rooting for DOGE?Hi Traders, Investors and Speculators of Charts📈📉
Here's a quick plan for DOGE, short term!
Dedicated BUY zones, dedicated SELL zones.. BUT, let the trade come to YOU. In other words, wait patiently until the price reaches the pre-planned zone before jumping in.
There's been lots of chatter about X (formerly Twitter) potentially utilizing DOGE in the future. Elon Musk himself has pimped out Dogecoin multiple times. But so far, none of those talks have come to realize. So for now, let's trade DOGE on technical setups instead of future fundamental potential!
_______________________
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CryptoCheck
BINANCE:DOGEUSDT
TSLA to BUY & HOLDDear investors,
Based on my chart analysis of TSLA, I highly recommend buying the stock. My analysis indicates a high probability that TSLA is in a bullish trend. The stock has been consistently climbing in recent months, breaking through key resistance levels, and showing strong buying momentum. Additionally, the stock has successfully broken through a 5-month bearish channel, which is a positive sign for the future of the stock.
It is important to note that past performance is not indicative of future results, and it is always recommended to conduct your own analysis and assest your portofolio situation before making any investment decisions. Additionally, the market is constantly changing, therefore it's important to keep contact with me for any future adjustements.
Overall, the chart analysis suggests that TSLA is a strong buy for investors looking to gain exposure to the electric vehicle and renewable energy sectors.
Tesla's Future: Navigating Challenges and Seizing OpportunitiesTesla's Future: Navigating Challenges and Seizing Opportunities
Over the past five years, Tesla has experienced an extraordinary journey, with its shares in the electric vehicle (EV) sector skyrocketing by an impressive 1,263%, far outpacing the S&P 500's more modest 54% return during the same period. While the company currently faces immediate challenges, including intensifying competition and industry price wars, its future prospects may shine even brighter than its past achievements. Let's delve deeper into what the next five years could hold for this pioneering company.
The EV industry has seen a steady increase in competition, as startups and established automotive giants vie for a piece of the rapidly expanding market. For Tesla, this heightened competition has led to price wars and a squeeze on profit margins. In the second quarter, the company's operating margin declined from 14.6% to 9.6% as it reduced prices across its entire vehicle lineup.
In the short term, these challenges present obstacles for Tesla's stock because lower margins can result in reduced profits, even if revenue continues to grow. However, long-term investors should focus on the bigger picture.
Analysts at Goldman Sachs project that EVs will constitute half of all global new car sales by 2035, with this percentage soaring to over 85% in the United States and the European Union. As of 2022, EVs account for just 14% of worldwide new car sales, indicating that the industry is still in its early stages. Therefore, it makes strategic sense for Tesla to prioritize expanding its long-term market share, even if it means sacrificing short-term profits. Tesla's significant scale and profitability will also enable it to outperform competitors that are currently operating at a loss, such as Rivian or Lucid.
Tesla's management has outlined plans to reduce prices on next-generation vehicles through technological advancements and manufacturing efficiencies. If successful, these endeavors could create room for further price reductions while safeguarding Tesla's profit margins.
During Tesla's Investor Day presentation in 2023, the company's leadership unveiled an ambitious vision that extends beyond being just an automotive manufacturer, aiming to diversify into various clean and renewable energy endeavors. Over the next five years, one of the most promising non-automotive business segments for Tesla could be energy storage and generation. This sector involves the sale and installation of solar panels and stationary batteries for residential and commercial customers.
In the second quarter, Tesla's energy division generated $1.5 billion in sales, accounting for approximately 6% of its total revenue. What's truly remarkable is its year-over-year growth rate of 74%, surpassing the growth rates of the automotive and services segments, which stood at 46% and 47%, respectively. This rapid expansion suggests that over the long term, energy may play a more substantial role in Tesla's revenue makeup, bolstering top-line growth and providing essential diversification.
Tesla's management is making significant investments to seize this opportunity by expanding its production infrastructure. In April, the company unveiled plans for its second "megafactory" in Shanghai, China, with the capacity to produce 10,000 storage batteries annually. This strategic move could help reduce costs and make Tesla's energy products more widely available.
While Tesla's stock currently carries a forward price-to-earnings (P/E) multiple of 62, which might seem steep, especially considering the short-term challenges posed by industry competition and price wars, investors with a long-term perspective should take note of the company's remarkable growth trajectory and its well-defined strategy to dominate the mass market for electric vehicles in the coming five years and beyond.
Despite its nearly $900 billion market capitalization, Tesla remains a quintessential growth stock that has not yet reached its full potential, especially as new business verticals like energy storage gain momentum. In the stock market, one often gets what they pay for, and companies with the most promising prospects typically command a corresponding premium. Tesla exemplifies this principle, consistently demonstrating its capacity for innovation and growth in the ever-evolving electric vehicle and clean energy landscape.
DOGE Dogecoin Price Target|Binance vs SEC Lawsuit|Whales DumpingBinance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities.
Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market.
Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May.
The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty.
These developments collectively cast a shadow over the cryptocurrency market's near-term prospects.
In this context, my price target for DOGE Dogecoin is $0.053, where it will form a Double Bottom.
Looking forward to read your opinion about it!
Dogecoin (DOGE) -> Don't Miss OutMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Dogecoin.
Since May of 2021 Dogecoin has been declining quite significantly and dropped from $0.7 to $0.07 which is more than a 90% correction from the highs.
However Dogecoin is also forming a bullish continuation triangle and after a breakout I think that we will see another bullish pump on Dogecoin with new all time highs in the process.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Big accumulating for Massive Move??? Weekly Chart
455 days that is accumulating phase until now
Doge's touched 3 times and bounced back from support
Daily Chart
Zoom out to easily this accumulating phase
Chart 4H TF
Now, Doge is trading around 0.0616x
BINANCE:DOGEUSDT has resistance zone around 0.0667 and support around 0.0575 if Doge's downed
If BINANCE:DOGEUSDT can break and close above resistance, I expect Doge will go up 0.08
Otherwise, Doge's downed...0.03 is support
Time will tell
DOGE Dogecoin Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for DOGE Dogecoin is $0.053.
Looking forward to read your opinion about it.
DANGER for #DOGE2 pennies is definitely on the the cards as potential target ...
The bigger question COULD
#DOGECOIN collapse to levels WELL BELOW a PENNY
Log scale Head and Shoulders target 1/3rd of a penny
taking it back to price levels and congestion zone of the previous bear market
THIS could potentially be life changing opportunity if you could fill your doggy bags down there.
📈 DOGE: Potential for Explosive Growth 🚀Hey crypto enthusiasts! Today, let's dive into the fascinating world of Dogecoin (DOGE) and explore a pattern that has caught the attention of many traders and investors.
🔍 The DOGE Range: Did you know that Dogecoin traded within a relatively tight range for a whopping 554 days? That's right, over a year and a half of relatively stable prices and limited volatility.
💡 The Power of Range-Bound Trading: Range-bound trading occurs when an asset's price moves within well-defined upper and lower boundaries. During this extended period of range-bound trading, DOGE seemed to be in a state of hibernation.
🚀 The Explosive Growth: What's truly intriguing is what happened next. After trading sideways for an extended period, Dogecoin suddenly skyrocketed, surging to incredible heights and increasing in value by a factor of 11 or more.
🔮 A Glimpse into the Future: Now, here's where it gets exciting. Many traders and analysts believe that history might repeat itself. The previous extended period of range-bound trading could be a precursor to another explosive growth phase for DOGE.
📊 Trading Strategy: For traders, this presents an opportunity to keep a close eye on DOGE. If it follows a similar pattern, a period of stability within a range could be a prelude to a significant breakout.
⚠️ Always Do Your Research: While historical patterns can provide valuable insights, remember that the crypto market is inherently unpredictable. Conduct thorough research, stay updated with the latest news, and consider various factors before making investment decisions.
In conclusion, Dogecoin's historical trading behavior suggests that it might be gearing up for another exciting chapter. Whether you're a DOGE enthusiast or a crypto trader, it's a space worth watching closely. Who knows what the future holds for this popular cryptocurrency?
Stay tuned, stay informed, and remember - in the crypto world, surprises are around every corner! 🌌💰
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Follow + Like this post and share your thoughts in the comments; your engagement fuels the crypto conversation! 💚🚀💚
17000s by October 2023BTC is showing signals that the B-wave of its corrective phase has completed and it will be starting its C-wave to complete the structure. The C wave will take it to new lows in 2024, this idea projects the first leg down to kick off the C-wave.
Initial target 17793 by 10/10/2023
The breakdown level was 27791, so as long as it stays below that I am expecting it to continue down along the black trajectory. A break above could open the door to 37k as a best case for bulls.
On the way to 17000s it needs to breakdown 24-25k.
This is bearish people.
The abyss ? The finality ?
Maybe, we could to see the abyss again for the lasr time before the earth.
:D