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Tradingrange

TSLA: This is what we must know about it!Hello traders and investors! Let’s see how Tesla is doing today! First, yes, we have an accumulation around, and Tesla is trading inside a range between the two black lines. Only a breakout from any of these lines will tell us what Tesla will do next . It seems the $ 571 is a support in the short-term, while the $ 635 is another resistance. But the daily chart has an interesting pattern too: We have a Triangle pattern, which is a continuation pattern, but this is not a rule. We see that the volume is higher during the bullish days, and lower during the bearish ones. Yesterday, Tesla hit its support and now it is about to react. If it does an upwards breakout it’ll probably reverse the trend for good, and defeat the $ 635.42 and seek the $ 715 again. Remember that we have a gap at $ 733, and so far, TSLA filled every single one of its gaps that appeared above the price. But if Tesla does a downwards breakout I see it at $ 538 again. For now, I’m not working with the possibility of it losing this floor. TSLA is in a quite decisive moment! Remember to follow me to keep in touch with my updates, and support this idea if it helped you! Thank you very much!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
4
Trading inside a consolidation! 😒Now the situation is getting clearer on NIO to me. I see a consolidation between the 42.34 and the 40.89. To the side it breaks, we’ll see a good movement next. If NIO breaks the upper line, then the 46 is the next stop. If NIO breaks downwards, then the 20ma is the target. It seems simple enough to me, but it is not over yet! The problem is the RSI. We have a small divergence, and it is overbought. This makes me more comfortable with the idea of a downwards breakout to the 20ma. Then the RSI will cool down, and the risk-reward ratio will increase too. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
8
Absolute Capitulation.... what's the plan now? For those new to trading or Crypto welcome to the big show. These moves are normal and happen more often than we would like. If caught on the wrong side these moments aren't fun, however its these same moves that have provided so much opportunity for great buys that have grown funds and changed many lives. Congrats if you didn't panic and bought yesterday's crash. Those that have put there trust into me and take the time to follow and read my content I say to each of you I'm sorry that I didn't see this sell coming. Had I known I would have helped warn you if I could have. For many of us long time holders we don't sell on those dips but continue to buy more and adjust our timeframes and look to the future. Remember this will pass and good things are yet to come. For those that sold on the dip, its not a total loss. You must learn from each trade and the experience over the years adds to your ability to spot opportunities and not let fear run so much of your trades. I have outlined the two trading ranges that we are caught in at the moment. Between 30k-40k is a range that could continue for sometime. For obvious reasons a break of 30k would be detrimental and a sure sign of a change in market cycles in my opinion. Taking this one step at a time.. a break up thru the resistance of 42k can be a good sign of moving to trading range 2. Expect this 42k line to be backtested at least 1-3 times as it shows it can be trusted as support. Trading range 2 could be very quick but also could take weeks of sideways action as the demand gets burned up in accumulation. The hopeful path is a move towards the strongest resistance line of them all 48k. IF we can show a break of 48k very good things can happen to Bitcoin. Bitcoin has been on quite the move the last 6 months and we need to remember sometimes sideways is a chance for the engine to rebuild up steam. Hope your all well and staying positive about the things in life we can control. Greatness is not measured by what a man or woman accomplishes, but by the opposition he or she has overcome to reach his goals. Stay humble, Stay kind, Stay Patient. Let's see how the next couple days go for Bitcoin and the rest of Crypto. . I was blessed to buy the bottom of the Covid dip and this last sell off seems so dang similar. Shark still has a hunch our best days are still ahead.
COINBASE:BTCUSDLong
by Bronson-TheShark
4
NIO: Trading inside a range!Hello traders and investors! Ok, NIO behaved exactly as we thought it would, and it did the “worst-case scenario” we discussed last week. The link to the previous analysis is below, as usual. In the 1h chart, it lost our previous support level at $ 37.54, and this made NIO just seek the next support, at $ 34.85 area. In addition, NIO is in a short-term bear trend, doing lower highs/lows , and the 21 ema is above the price (pointing down). So far, we have no clear reversal sign, but we are above a support level. Let’s look for more clues in the daily chart: The problem with NIO is that it is inside a congestion , but we have multiple supports/resistances to guide us. It is quite easy to trade ranges: You buy near supports and sell near resistances. The question is, will NIO stop at $ 34? Or will it seek the $ 32? We can’t tell for sure, as we lack any confirmation. But the volume is looking good already. We have been talking a lot about volume lately, as when NIO drops, it drops with low volume, but when it finds a bottom and starts going up, the volume increases. Yes, we have some weird signs that are more than enough to make us skeptical about any bearish movement, but again, we need more confirmation. This is the key for a good trade here. If you liked this analysis, remember to follow me to keep in touch with our daily studies, and support this idea if it helped! Thank you very much!
NYSE:NIO
by Nathan_The_Finance_Hydra
5
XRPUSDT nearing a key resistance zoneHi all, XRP is looking quite interesting recently, now nearing its first serious area of resistance on the daily chart since it started moving upwards a few weeks back. If we see a break above the $0.57-$0.60 zone we could expect another run up to the YTD high, which is located at 32% from where the price is situated now and 25% from the upper boundary of the resistance zone. A 4-hour candle close above $0.59 can be our trigger Regards
Long
by FutureBlockchain
2
AAPL: Next key points we must keep in mind!Hello traders and investors! Let’s see how AAPL is doing today! Since my last analysis, AAPL has been accumulating in the range between the red line at $ 136 and the black line at $ 137.98, and as long AAPL keeps there nothing interesting will happen. The link to my last analysis is below, as usual. But even if Apple loses the red line, we have some support levels that could prevent from a further drop, like the purple trendline , which is better seen from the daily perspective: In addition to the trendline, we have the 21 ema, so, we are talking about a solid support zone . Apple could easily drop to this level, as the volume is very low, and it is not showing any signs of reaction. But if AAPL defeats the $ 137;98 again, then it might retest the ATH again, and maybe do a quick stop at the $ 142 (previous resistance). But so far, it is still in a bull trend, and only if it loses the purple trendline this would change. Either way, we’ll have our answer quickly, as this congestion is taking too long now. Remember to follow me to keep in touch with my daily analyses, and please, support this idea if you liked it! Apple is in a decisive point, and we must be prepared to react to it, when the time comes. Techinical Analysis is all about timing ! Thank you very much!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
4
Bitcoin is ready to jump very soonDisclaimer Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. I think that Bitcoin is an olympic jumper because it jump and jump and never rest. Well after a shakeout I am watching supply exhaustion and therefore I think that Bitcoin will jump again Disclaimer Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading.
BITSTAMP:BTCUSDLong
by prosumidor
1
AUD USD - short trade still in play. Same description as previous - as it still stands. We have our sells activated - the reason behind this is looking on the weekly timeframe - the wicks have been removed by the recent candle closes on the daily. Trade 1 has been taken, Trade 2 - un-activated - as price may attempt to settle around 72. XX Upcoming We will share our new analysis for DAX30 soon. We cannot see a specific level holding for the future. Why are we selling? Aussie budget looked to really help alot of average Australians, but failing for Queensland to open to NSW and Tassie, WA for freedom of complete movement will be damaging as Summer season comes. Stimulus is provided but Scomo's government is worried about the deficit. USD side: Price is volatile - during the election process in the US, the worlds relationships are affected The election is coming closer <30 days. The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where price has reached our over exposed markers. The stocks have recovered well from a V - shaped recovery, too fast with big price action gaps. Dollar is strengthening. Shift in presidential change of power? Covid 19 - second wave has concerned EU governments - with further pumping of money to "control" the costs of job losses and curb closures. We have established a great supply or essentially a strongly overvalued market again in quick succession, however price will be giving some good areas to sell this aligns with Commodity currencies like the Aussie. This is a long term sell. price can and will invalidate. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
Short
by LupaCapital
USDUAH New trading range and trend correction !As I have posted last week, Turkish Lira has started its correction against USD. But not 7.8000 is my support level, which will be I have announced T1 as the most important support level for UAH against USD and this week prices has touched T1 trendline, we need to realize that this is long term trendline and little crossing of this trendline can not give as strong information about trend correction, but anyway UAH is stable for this and next several weeks. I expect 27.900-28.200 trading range. Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.) Check out my next stream "What is divergence, why it is important for trading?" www.tradingview.com
Long
by AmiranAzaladze