Good Morning from the Boundary Waters, DOGE coin.Hello,
Taking a long range look at Doge, and made an interesting adjustment to accommodate the recent moves.
Yellow is a long range favorite forecast. And it is tracking nicely.
Pink is a smaller time frame projection that has high correlation factors.
Orange is what happens if we adjust yellow to incorporate pink.
I am creating a 3D playing field map of the levels; My masterpiece might look like a mess :)
We start by meditating on the chart. Zoomed in to the 9 Min, its not so cluttered, or with the lines off… looking for 3D Harmonic patterns in the history that match recent signature moves. To me they look like monsters flying through space…. Gartley saw them as Bats.
I try to fit the traces to the levels i have drawn in. Dotted is resistance, solid support. I prioritize the most major, or recent semi-major level movements.
I usually start this process on the 9, then the 30, and then zoom out to the 4h or 1d and repeat the process each step… this way i am reconstructing the future based on the recent past, and incorporating any unique, prominent, signature, or telltale motions on the smaller time frames in the longer range forecasts… each one giving a further future view than the last. :)
Something to ponder: If we are all one, its a bit ironic to be wasting our time trading this nonsense with ourself. It’s not “my life” I’m just a small part of life on space ship earth.
Follow along for more.
Good Luck, God Speed, Love and Light to All!
Elonmusk
TSLA Tesla : Where will Elon navigate the ship to? 24.5A long-term support trend-line ongoing since March 2020 was broken down Feb, March 2022.
Since, we had a false break back up April 2022 and the price went back below breakout very quickly, as well as retest of the long-term breakout down once again.
630 - 540 is support range and if holds may be the lowest point we will see for Tesla.
A break below may open the way to 350-200. A break below would be a weekly open below 540.
A correction back to 750 is possible within the down-trend (connecting highs trend-line).
The fundamentals going for Tesla are simple : Technology, tracking, real estate, branding, CEO
The fundamentals against Tesla are : Recession, inflation, overpriced auto manufacturer, supply issues, Twitter deal instability
Overall - We may be going to a heavy landslide with a close below 540. Keeping above is a good bullish sign.
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If there's any questions or comments please don't hesitate to ask.
I am not a financial advisor and encourage everyone to do their own research, thank you :)
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Was TSLA Tesla Sell-off Predictable ?Of course it was! When we saw the Double Top Bearish chart pattern confirmed here, at $1130:
At that time both Elon Musk and Ark Invest were selling the shares at the top!
And there were people still buying them!
New Key price targets to watch:
$595 as a strong support before a potential reversal
$720 as a strong resistance after the reversal from the Falling Wedge Bullish Chart Pattern
$420 -$475 as a Buy Area (strong support and decent valuation)
Looking forward to read your opinion about it.
Tesla (NASDAQ: $TSLA) Slips Under 0.5 Fib Retracement! ⚡Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Musk’s 5 billion dollar exit from TwitterElon Musk, the wealthiest person in the world, appears to be playing a game of Monopoly in real life as he leads a number of companies in the tech space, and builds stakes in other companies and cryptocurrencies.
However, his recent acquisition of twitter (NYSE:TWTR) may not pass go and perhaps sets him up to be liable for at least 5 billion dollars.
Fallout from Twitter takeover and other controversies
Musk’s contentious bid to buy Twitter and his latest comments on politics, has cost him $49 billion over the past month, according to Fortune. Tesla’s (NASDAQ:TSLA) stock price plunged to a 10-month low on Friday following a report by Business Insider last week that Musk sexually harassed a flight attendant in 2016, a claim that the Tesla CEO denied on Twitter.
Twitter’s stock also fell to a two-month low on Wednesday last week after Musk hinted that he could back out of the Twitter deal or at least slash the deal price unless the social media platform can prove that bot accounts represent less than 5% of its users.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a May 13 tweet, referencing a Reuters article about false or spam accounts that make up less than 5% of Twitter’s monetizable daily active users in the first quarter.
That tweet sent Twitter’s share price falling ~30% on May 13 against Musk’s offer price of $54.20 per share.
$5 billion exit
Although Musk has stressed his committment to the acquisition, an analysis by Reuters found that an agreement to abandon the deal would be a better option for both Twitter and Tesla.
Musk will use a big portion of his Tesla stock to pay for his Twitter purchase, but the latest headlines surrounding the Twitter CEO knocked $390 billion off Tesla’s market value in just weeks, the news outlet noted.
Musk might also have to pay a $5 billion price for backing out of the deal, while Twitter’s value would lose around the same amount, according to Reuters.
"At the right price, both can get the difficult experience behind them,” Reuters said.
Twitter, however, reiterated that it is also committed to completing the sale to Musk on the agreed price "as promptly as practicable,” adding that it stands ready to close the deal and “enforce" the merger.
TWTR oversold rally may reach 44.50 but M-pattern goal is 29TWTR & TSLA fell due to ELON MUSK’s selling of TESLA shares to buy TWTR @54.20/share but later retracted when TWTR fell. Investors dont like uncertainties.
TWTR may be doing a M-pattern to reach the 29 pivot which also a FIBO 0.854 retracement from ATH 80.75 to bottom 20. 29 is also a move downward the size of the yellow square.
However, it may have an oversold rally first to fill all the gaps but will be rejected at 44.50, the orange VWAP YTD or at the neck of M-pattern @46
29 will complete the 3-3-5 ABC corrective wave so that wave 5 may begin.
Not trading advice
ETHEREUM 3D TF TA : 05.23.22 (Update) Examining Ethereum's chart in the 3-day timeframe , we see that the price has reacted positively to its support range (Bullish OB) . We expect the price to rise to $ 2700 as the first major price target if the support can hold the price in the $ 1700 to $ 2000 range, this is a mid-term analysis.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$DOGEUSDT Super Duper Nova 💫❤️🕊️What is Dogecoin (DOGE)?
Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo.
The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
OhWow! TESLA buy LEVELS with auto-levelsTESLA excluded from ESG index from S&P500
Always thought Tesla stock was too expensive for the number of problems. But in the future, I am sure that the company will break all patterns and take over the world 👽
Log chart, timeframe 1W. If it falls to the indicated zone, I will gladly buy it!
Indicators with auto levels is FREE. Title: Sholi Auto Levels.
TSLA Tesla removed from S&P 500 ESG Index!If you haven`t seen my double top chart pattern:
Tesla doesn’t have a comprehensive low-carbon strategy, according to S&P Dow Jones Indices.
Apparently Tesla has issues including racial discrimination claims against the company and a government investigation after crashes due to its autopilot vehicles.
In Musk tweeted that he was considering taking Tesla private at $420/share and had “funding secured”.
I think in the worst case scenario we could see TSLA visiting that strong support of $420.
The most likely is a sell-off to $577.
Looking forward to read your opinion about it.
New stock on the watchlistOkay so a new stock that I will be putting on my watchlist is Twitter. The thing about this is just because we have Elon now invested into it in a big way with over a 9% share and the biggest shareholder that there is now.
We know when someone like him does something like this it is a calculated thing when you invest this big amount of money. So he is also looking to make money out of it there was a big time that was spend calculating it and if this company was the best investment that he could make than I think that this company could be going to make some more big moves.
We do can also see that the last 2 earnings that we got from this company are in the red and did not meet the expectations that the market was thinking it would do. The thing we now need to look out for are the earnings that are coming out once Elon is fully on board so we can see if he really would have a big impact on the company.
What am I waiting for?
I am now waiting for the company to drop a little more and see if we can reach the price before we got the news that Elon bought the stocks. If we could get that price then I think that we could really see a big profit coming out of this investment. So that is the reason why I am not investing now but waiting and putting it on my watchlist.
It could also be that I invest before it reaches the price we got before the news but when I will be doing that I will update this idea and tell you guys about it.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
SDS SPX Short S&P500 Is The US market crash coming ?Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The fourth type is the 1919, 1929, 1999 and 2008 scenario that people generally refer to as a “crash” 2022 a new one ?
Sincereley L.E.D In Spain 14/05/2022
PSQ Is The US market crash coming ? Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The fourth type is the 1919, 1929, 1999 and 2008 scenario that people generally refer to as a “crash” 2022 a new one ?
Sincereley L.E.D In Spain 14/05/2022