Tesla is in tight range; bracketingInteresting setup on NASDAQ:TSLA
Price was bracketing for the last four days. The high level context is certainly bullish (daily uptrend, strong market) but bulls met strong resistance as they tried to close gap from January 24th. Two possible ways to play it LONG: either from range bottom with profit target at range high and above; or wait for bullish break out and go with it if it holds. Regardless of what you do always wait for confirming signals before commencing trade
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
Pricerange
date and price rangehi to all .
As you can see, we measured 3 hawings and found 3 price floors . And you see the ascending channel . In the first move from the price floor to the price ceiling, we had a volume of about $ 12.3 61 million .In the second move, we had a volume of $ 14.96 million . And in the second move, we still have only $ 2.416 million . From this, it can be concluded that the main trend is still strongly upward and there is still a lot of core volume to enter the market and we will see a significant increase in prices in the near future.And about the bars. We have 147 in the first move. In the second move we have 227 and in the third move we still have 82. And from this it can be understood that the ascending bars have not reached the standard level yet and we have more ascending bars.And you can understand about the percentage of price growth . As a result, the uptrend is still going strong and the market is buying opportunities, and bitcoin will soon reach above $ 100,000. However, this is still just a possibility.
Options Prices Prediction - GMEHello everyone, to anyone who is not already familiar with the Chobotaru Indicator V1, it takes the implied volatility currently priced in GME options and gives a probability location cloud.
As you can see, for the next 44 days, this is what the market thinks that this stock should do (move within the probability cloud).
Options Sellers give a 20% probability that the price will touch $320 before JUN 18.
You can use the indicator yourself and see if they update their prediction...
MEANING ---> if you see the stock starts to move and they raise prices (and hence implied volatility increase), the market believes that price could go further.
USDJPY Series of Lower Highs | Descending Triangle | 2.38RSee Price Range 110.964 to 110.387. You will see a series of lower highs going into the support line. Support line was broken and turned resistance. After the break, enter on the retest of resistance line (110.387). Price broke exponential moving averages (dynamic support resistance) and retested it. The "intersection" of horizontal support resistance and dynamic support resistance is a value area.
Stop Loss: 22.6 Pips
Take Profit: 53.9 Pips
RR: 2.38R
Entry: 110.387
Take Profit: 109.848
Stop Loss: 110.613
Note: Stop Loss was from Exponential Moving Average Period 10 on April 5 2021 at 08:00
Note: Trade in the direction of the break. My initial bias for USDPY Descending Triangle was a buy. But price never broke and closed above the pattern. So, I didn't enter a long position. When price closed below the pattern, my bias changed to look for sell opportunities. In the chart, see price level 110.387. After price closed below that level, I started looking for sell opportunities.
Does the Williams Alligator Have A Hold on Bitcoin?
It's a new week so we should take a look at the weekly chart to help us keep a clear and open mind concerning which direction Bitcoin might be heading next.
I'm made some modifications to the stock colors of my Williams Alligator by changing the color of the teeth to white and the lips to red. I have also shortened the offset of the jaw, lips and teeth to 2 and changed the lengths to my personal taste.
When the lips are on top it indicates that the Alligator is content with a full stomach brought on by higher prices. And when something spooks the Alligator or he just needs to slow his appetite from a steadily rising market he rolls over and tries to drag his prey to the bottom of the pond where he can drowned it before getting on to his next meal. Or so I've been led to believe.
Remember. This is not trading advice. Follow me if you wish, share it if you want and please engage the like button and add your comments below. Happy Trading.
Accumulation of BTC, possible breakout of falling wedge?From 6th March till present day, prices of BTC had been trading and accumulating in volume at the range of $3800 - $$3940 for over 8 days.
This is an indication that bears and bulls are in play now with candles having a rather long tails.
In addition, the price range of bollinger bands are also narrowing down to the price mentioned earlier.
If prices of BTC are optimistic, BTC would finally break through the falling wedge and decide whether it wishes to travel upward or downwards of the price range.
.
If you wish to donate, here are the addresses you could donate your coins to:
Bitcoin Address
3AC7bbBQvKdVTY5B2JhvkgyxcfAymWRehV
Ethereum Address
0x1Bc430e5c74541fb9b5aC833f8a38990E13228fe
BitcoinCash Address
bitcoincash:pq49556q9waej6gryt36eaxv7sx63eu39yr36hwm2w
Litecoin Address
MAbr3WfBCvVYz3FAkYA6ZtwEDLKqd2EANF
Thanks for donating! It is great to see my work being supported by you guys!