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...
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...
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...
Dogelon is ready to explode soon!
dogelon is one of the lagging meme coins in the market, which after breaking its long-term downtrend line, is now pulling back to the MTR area and starting a big rally.
If you like this wild west coin then this can be a useful dip buy here as it is having a whipsawing bounce through support while Bitcoin begins a recovery.
See linked Bitcoin thread for further details
Not advice
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...
Trading Setup:
There is a Trading Signal to Buy in ELONUSDT Dogelon (4h) (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0000003133
⭕️SL @ 0.0000002442
🔵TP1 @ 0.0000005526
🔵TP2 @ 0.0000006841
🔵TP3 @ 0.0000008675
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku...
Where 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...
Trading Setup:
A Trading Signal is seen in the ELONUSDT DogelonMars
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0000001857
⭕️SL @ 0.0000000840 (-67%)
🔵TP1 @ 0.0000004326 (+72%)
🔵TP2 @ 0.0000006080 (+141%)
🔵TP3 @ 0.0000008666 (+248%)
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI,...
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...
Dogelon Mars looks like once it breaks the downtrend and finds support its going straight up. Probably following Doge while its doing the same thing. I dont think this will go any higher than a 20x and thats being generous. At 20x your're looking at almost 2 Billion market cap. Im thinking Dogelon does a 10x at least with a likely 12-15x and 20x if Doge has a...
