Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
IT'S OFFICIAL. Elon Musk is only moments away from acquiring Twitter, the world's leading social media platform. It has recently come to light that Elon Musk (World's richest man and founder of TESLA and SpaceX) has committed to buying Twitter for a staggering $44 billion. The best bet here, is that both will go down in the short term (sell the news) and then rally in the near term. Shorting Twitter and DOGE for the short term back to support will also fall in line with the Wyckoff Method Accumulation phase, where the price needs to revisit the lowest support before continuing back upward. (Green line represents a Wyckoff Method Bottom and reversal).
Earlier this year, Elon optimistically talked about including Dogecoin as a payment method for advertisements on Twitter. This could be HUGE for DOGEUSDT, as market capitalization and adoption will drastically increase. NOTE that for the SHORT TERM, I believe lower towards the support zone pointed out is the most logical. After the Twitter deal has been finalized, I expect AT LEAST +330%.
While you're here 🖐Check out this idea on ETHUSDT 👇
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@CryptoCheck-, that's why I don't understand why people have a long term bull trend on Doge. If Elon is pumping Doge then it will spike up and then crash again. If there is no fundamental incentive for people to buy Doge except to follow Elon, the pump won't last long. The pump will stop when Elon stops talking about it. What happens to Doge if Elon gets hit by a bus or by a falling satellite? Doge gets buried along with Elon. LOL For me I'd only buy Doge unless it falls another 90% and then I might buy some for the next pump.