TSLA - STOCKS - 12. APR. 2021Welcome to our weekly trade setup ( TSLA )!
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4 HOUR
Bullish price action.
DAILY
Strong turnover..Expecting more pressure.
WEEKLY
Overall bullish turning market.
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STOCKS SETUP
BUY TSLA
ENTRY LEVEL @ 698.94
SL @ 649.08
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
ELON-MUSK
AVAX/USDT (1D)Avax scenario, probably in the yellow zone an accumulation will be repeated to shape a second fund where it can break upwards with the help of the hyperbola or else it will fall towards our 100-period SMA which has not touched it for a long time and This one had already shown us a strong reaction. Whereas if we see the case of Dump it would be better to close the trade even in losses because it would go to look for the closest support after that and it is somewhat far away.
TESLA Institutional Sell SignalTesla could be in trouble here. 2 sell signals in the past 4 weeks rejecting 700-750. We could be on our way down into the 400-450 region which is an area of previous consolidation.
Interesting considering Elon Must recently tweeted this,
www.ndtv.com
We would need a sharp sell off into that range on heavy volume and a subsequent buy signal from our systems to signal all clear to enter back into the water.
A gap up over 750 and a buy signal would negate this analysis and see us goto over 1000, but the odds of this at the moment are extremely unlikely.
TESLA HEAD AND SHOULDERS PATTERNAnother Tesla call here, it looks like we may break a little higher to form a higher timeframe double top.
I am not trading this right now but my breakdown and bias remains the same regardless.
I called the previous short perfectly and now I will attempt to call the next bull move higher so let's see if it is correct.
Let's go Ninja's! :)
TESLAHi again .
If the price returns and goes above 1000, the probability of growth up to the green prz can be considered higher!!
If we face a decrease in price, if the purple prz is broken, we can expect the price to reach the red prz!!
Purple prz Target Lozenge Pattern.
Red target prz Orange channel height.
what's your idea?! <3
ridethepig | TSLA on the Fairway📌 ridethepig | TSLA on the Fairway
An illustration of the consequences when surrendering the support and when your opponent grabs the break.
It's trailing time for those who have been following the surrender. In order for us to execute more on the position I will want to see a final break of the temp lows, in order to somehow catch one final momentum play.
Sellers are clearly on the fairway and this swing has been a very large one.
An express train!
With simultaneous plays down to structural support -40% from the highs, breaking through is an extreme. I expect 330 will be the final destination here unless buyers manage to somehow bring in more resources. A quick leg down before finding a base? Smells like it.
Thanks as usual for keeping the feedback coming 👍 or 👎
BTCUSDT | Why it felt and what to expect next?Past two days were tensed for cryptocurrency market players:
Bulls having losses or keep funds locked in trades
Bears had several liquidations due to sudden bounces
Who favors from such price action?
Literally both sides!
Bulls could close long positions at Widening falling wedge near with $54 815 level and accumulate strong assets with a 30% discount once Triple bottom line was formed
Bears could open short positions at Widening falling wedge confirmation point and close it at the support
Why did Bitcoin price fall?
The main and essential reason is continuous and uncorrected upward price action.
Market players expected correction since entering $44 000 - $48 000 zone however price was pushed directly to $58 000. Thus everyone was aware of drop and here came the trigger Elon Musk's claim "...Cryptocurrencies are overvalued". Exchanges' Bitcoin reserves have been increased sharply and then massive sell off began.
Is the correction finished?
Strong positive fundamental news were received today
Square increased Bitcoin holdings with a new $170 million investment. Around 3 319 BTC were purchased at an average price of $51 236 per coin
MicroStrategy purchased approximately 19 452 BTC at an average price of $52 765 per coin
It can be concluded Bitcoin price action is now stabilized and have a solid support formed by institutional investors
What should be expected next?
Technical and Fundamental analyses reveal the most probable scenario:
Price action should retrace to $45 179 level where horizontal parallel range (Blue parallel channel) will be formed. Bitcoin should not break it below due to Square and MicroStrategy purchases made today. The price action will accumulate power and consolidate to retest upper edge of the range around $51 496. There is a high probability of subsequent breakthrough and testing of $62 000 area
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DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
DOGE - Easy Set Up - Do NOT MissA few things lining up on this. Price is in a clear correction whilst approaching a key significant area which happens to fall inside 0.5 and 0.618 fib which happen to be the most favourable fibonacci levels.
If correction breaks early, enter on breakout with stops below correction.
TSLA - Bull Flag - To the Moon!Tesla is creating a nice bull flag . Ideally we would want the price to retrace 50% which lines up with the ascending trendline. There we can have a clear stop loss along with clear entry reason.
Having said that, it is also possible that the flag may break up at any point due to the sheer volume of propaganda regarding Tesla and Elon Musk .
Goodluck!
TSLA - Bull Flag - To the Moon!Tesla is creating a nice bull flag . Ideally we would want the price to retrace 50% which lines up with the ascending trendline. There we can have a clear stop loss along with clear entry reason.
Having said that, it is also possible that the flag may break up at any point due to the sheer volume of propaganda regarding Tesla and Elon Musk .
Goodluck!