I have been shorting TESLA since it's last leg up. I think it's not necessary to explain why I am still holding this position and even adding more funds to my current positions. TESLA is overrated compared to other manufacturers like Ford, BMW or Mercedes. Targets on chart.
If the current support holds, we could see price move back to previous resistance in the coming days. Profit zone market on chart. Not financial advise, do your own research before entering a trade!
EPS/USDT is looking good and we might get a ice breakout set up here. Price is still consolidating but we can see some higher lows forming. The support held nicely nd right now we are testing the resistance. If we can break above this resistance, it should turn into a new support on the retest and price might go even higher after the breakout. Target 1: 0.7016...
Looking at LINA/USDT today we can see that we broke out of a previous resistance which now probably turns into support. Price is trading in a wedge pattern. Additionally we are getting a cross of the 5, 10 and 20 EMA. If we can break above this pattern and get a retest, we can get a 13.68% profit from Target 1. Target 1: 0.06413 Target 2: 0.06918 *Not financial advice*
DENT is moving nicely above the 200 EMA. Looks like we are getting a breakout from the triangle pattern and a retest. Buying at this level for 20% profit. First target is 0.008 Second target is 0.009
Breakout out of this channel might be incoming on TRB. Let´s see if we can reach Target 1 with 62$.
After the retest we are heading upwards. First target will be 1.8$.
Possible short/medium term target 42$. Buy zone 38 - 39.40$.
ALPHA looking good here for a breakout. If the price can break out, I expect the 2-2.40$ range as a possible target sell zone.
As the pattern I draw on my last chart is outdated because we are now in a falling wedge on the 4 hour chart, I feel like I need to update this. We might get a breakout finally and a retest afterwards, before continuing up to the previous high at around 0.056. There was a lot of resistance up there so I hope we can break through this time. There should also still...
REEF is at a key level to confirm it´s trend for short to medium term movement. In my opinion we are in a bull pennant which is about to decide about REEF´s next destination. If we can hold a the current level, a break out out of the pennant is very likely in the next hours to a day, I´d say. If we break to the downside, price might go back to the 0.035$ level. My...
This is just my personal idea of what REEF might do in the coming weeks. We´ve seen this kind of move for other coins in the past and I think 0.10$ is a really possible target. REEF is an interesting project and we have seen volume increasing over the past days. I entered at 0.0445$ and took some profits already. I re-entered lower int the 0.040 range and I will...
My setup for EOS. Still learning...
It seems like ALGO formed into a small triple bottom pattern on the daily. If it breaks the resistance it would have potential to continue going further up. I´m buying at this point because I believe in the price going up.
I´ve been watching SXP for a while now and the picture seems to become clearer and clearer. Is this idea realistic ?
I´m learning about technical analysis (not long into trading). This is an attempt on analyzing a possible trend for DUSK/USDT. I see a drop and a consolidation period on the 4h chart with a pretty strong support line. If the price breaks through the consolidation we might see a bullish up trend. On the other hand I also see a head and shoulders pattern which could...