Starting off the New Year 2021 with a chart of Tesla! Pretty self explanatory. Keeping the chart simple. All trend lines are based off of strong tops & bottoms. Let's see how this plays out. This idea is published mainly for personal learning experience. I was going to keep it private but decided to make it public to get some of your guys opinions... so feel free!
Weekly chart outlook for the long term. I see some upside in the near future . Lets see how this plays out. Mainly publishing to come back and study the price action.
Give some opinions guys! Please NOTE that the white trend lines are based on the high/low WICKS . I initially published this chart so I can check back up on it later but I figured id make it public so you guys can see how it plays out and give feedback as well. The trend lines are extremely basic and are based upon strong market tops/bottoms. Happy trading!
First time charting ETC and came up with this. Let me know what you think.
So this is what I came up with...either break up passed the 6300$ level following the blue line and potentially get rejected at two different levels....or make a little move up to 6300$ then get rejected and continue going down following the red line either stopping or breaking the 8450$ support level. Let me know what you guys/gals think.
Just going off some trend lines came up with these 3 different targets for a reversal. The green triangles labeled "possible buy zone?" would only be good if they follow the specific downtrend target , the plan is to purchase BITCOIN towards the end of the bottom so you don't miss out much when its reversing. There is no order in these targets for reversal for...