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Dogelon / Tether

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ELONUSDT trade ideas

Dogelon Mars (ELON)Dogelon Mars is another dog-themed meme coin on Ethereum and Polygon that followed other successful dog coins like Dogecoin, Shiba Inu, and Floki Inu. Anyway, Elon's chart is simple, a sharp upward wave started after Elon broke the triangle pattern in which it was oscillating. Then, the correction phase started which unfolded in a big inverted wedge pattern. Now it seems Elon started an upward wave to break this inverted wedge upward. Let's see what happens.
Long
by SaeedSalehinia
5
Elon to Mars or to drop dead?This weekly price action of Dogelon Mars (ELON) against Tether (USDT). Here's a detailed technical analysis based on my above chart: Descending Triangle Breakout (2022-2023) : The price formed a descending triangle, which is typically a bearish continuation pattern. However, in this case, it led to a breakout to the upside in early 2023. Ascending Channel (2023-2024) : Post-breakout, the price action has been following an ascending channel, with higher highs and higher lows. The channel is marked by two parallel trendlines indicating a gradual upward trend. Resistance Levels: 0.0000002383 USDT : This level acted as resistance multiple times. The price struggled to break above it in May 2023 and again in early 2024. 0.0000003992 USDT : This level marked a significant resistance point and a potential target for the next upward movement. 0.0000005180 USDT : This is the major resistance level to watch if the price breaks above the 0.0000003992 USDT resistance. Support Levels : 0.0000001745 USDT : This is the immediate support level. The price has tested this level multiple times, indicating its significance. 0.0000001244 USDT : This is a major support level and acts as the lower boundary of the ascending channel. The Stochastic RSI at the bottom of the chart is showing a crossover in the oversold region (below 20), indicating a potential bullish reversal. The blue line crossing above the orange line is a buy signal. Potential Bullish Scenario : - If the price respects the lower trendline of the ascending channel and the Stochastic RSI confirms a bullish crossover, there could be a rally towards the immediate resistance at 0.0000002383 USDT. - A successful breakout above 0.0000002383 USDT could lead the price to test the next resistance at 0.0000003992 USDT and possibly 0.0000005180 USDT. Bearish Scenario: - If the price fails to hold the support at 0.0000001745 USDT, a breakdown could occur, potentially leading the price to retest the major support at 0.0000001244 USDT. - A breakdown below 0.0000001244 USDT would invalidate the ascending channel pattern and could lead to further downside.
Long
by Z4F4R
Is ELON The Next Big Meme To Run?I bought a bunch of this token last cycle, traded around the position, held a bag all of the way to the bottom. Well done. That said, dog memes are running, this one has both "DOGE" and "ELON" in the name, a very sophisticated reason to purchase a token. This is fully gambling on memes, not something I generally recommend, but I tend to share my trades. I just doubled my old bag up here. Why? 1) Memes are running, even though this is ancient. 2) DOGE + ELON 3) I have been struggling to find any tokens using Trading Alpha that have not already left the station. This is a WEEKLY chart with a green arrow, green dots and a break above the track line. The daily is also turning to green dots and breaking above the track line and the 4-hour has given a green buy arrow.
Long
by ScottMelker
1
ELON - Rise Of Dog Coins 🐕Dogelon Mars - Current Rank #333 We've seen the wild pumps in higher ranked dog coins; SHIB and DOGE both top tier coins have been ripping it. I gave you guys SHIB at the base (see "Related Ideas below) and recently it was up 430% and probably more to come there. But now money is trickling like a waterfall 😅 into lower ranked dog coins like ELON. The name is quite a joke... Because it has references to Dogecoin, Elon Musk and Mars. Doge is the well known dog coin that pumps. Elon Musk can't put a foot wrong and so of course a meme coin connected to him should do well. And Mars, well they like to hit you with the space content and you can dream dreams... So it had to pump really. Perhaps it will pump to "Mars" at which point Elon can make a joke Tweet about it to pump it some more 😅. Anyhow ELON appears to be in a higher time frame wave 3 and this area will prove to be a correction before the next wave up. Its been wild already but if it will get much more wild if it continues up from here and there are dizzying targets above. Unlike SHIB, I didn't give this one at the base of the trend. But for reference, the wave 2 low was a similar contraction pattern to SHIB. But that is gone now. A solid momentum buy is still possible here though; buying into this correction. If this is in a wave 3 then it should be heading on up soon enough. However in the short term, I think most likely it will drift a bit more to catch a breath before the next wave up. And it looks like this recent pull back is a wave 3 and so this can be a good area to buy. The next target is @ 1.618 extension @ $0.00 (lots of 0s) 006578. And if you are a believer of Elliott then the 2.618 wave 5 completion is up @ $0.00 (lots of 0s) 017144. But without Elliott Wave considerations I think that this can make a new all-time-high and there is nothing to say that it can't go much higher. Because... This break up looks like a cycle low. And we may see a big correction along the way. A lot depends on how well and for how long Bitcoin holds up. But these areas I am posting may be well down in the chart by that point. Let's see how it goes. If Bitcoin drifts or pumps without any significant bearish action then this looks good for another wave up. Not advice.
Long
by dRends35
1
$ELONUSDT $ELON Dogelon Mars Target PT .69Where can you buy Dogelon Mars? ELON tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Dogelon Mars is Uniswap V2 (Ethereum), where the most active trading pair ELON/WETH has a trading volume of $2,542,292 in the last 24 hours. Other popular options include Uniswap V3 (Ethereum) and KuCoin. What is the daily trading volume of Dogelon Mars (ELON)? The trading volume of Dogelon Mars (ELON) is $15,147,989 in the last 24 hours, representing a -53.60% decrease from one day ago and signalling a recent fall in market activity. What is the all-time high for Dogelon Mars (ELON)? The highest price paid for Dogelon Mars (ELON) is $0.052594, which was recorded on Oct 30, 2021 (over 2 years). Comparatively, the current price is 86.89% lower than the all-time high price. What is the all-time low for Dogelon Mars (ELON)? The lowest price paid for Dogelon Mars (ELON) is $0.071756, which was recorded on Apr 23, 2021 (almost 3 years). Comparatively, the current price is 1,835.75% higher than the all-time low price. What is the market cap of Dogelon Mars (ELON)? Market capitalization of Dogelon Mars (ELON) is $187,312,998 and is ranked #337 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ELON tokens (550 Trillion tokens are tradable on the market today). What is the fully diluted valuation of Dogelon Mars (ELON)? The fully diluted valuation (FDV) of Dogelon Mars (ELON) is $340,785,969. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Quadrillion ELON tokens are in circulation today. Depending on how the emission schedule of ELON tokens are designed, it might take multiple years before FDV is realized.
ELong
by BADQOMOCAWGOWLD
2
DOGE ELON MARS MEME of The Day ...with great potential ! What Is Dogelon Mars (ELON)? Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu. Dogelon Mars plays on several popular themes in the meme coin space. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement. Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram. Note: ELON XMAS is Pumping hard now! Listed on : OKX ; KuCoin ; Gate.io Enjoy !
by blackriver85
1
DOGELON, Wait to trigger. ELONUSDT 🦊Hello my friends, Everything is explained on the chart for you like always. The price on the support base band but not good to buy for now, So wait for trigger and resistance break to lower risk. It is not a financial advice so be careful and have a stop limit and capital management. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me . Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. gheymat az rooye base hemayati khodesh harkat karde va ehtemale pump ro dare ama alan khili motmen nist, pas baad az shekaste moghavemat risk maktari dare. mitoonid tooye watch lsitetoon negah darid. tosiye maali nist va lotfan modiriyat sarmaye va risk dashte bashid. moafagh bashid. like va follow faramoosh nashe :)
Long
by ArashBanakar
12