Weekly candles. Three times trying to get back into the channel. No succes. Closing this week below the 2020 trendline. We will go down. I will not be suprised if we wil see some -5% days this month.
High inside the channel waiting to fall. Will be looking for support at the 2020 levels.
Short into 2022/2023 to $17 or (if break 2008 trendline) to $7 Long after 2022/2023 to $42
Wait for January to close above 21615. If so take a long position in February. We might go to 100k.
Will the 2005 high and 2008 high downward trendline (blue line) be touched (and rejected)? This month it would touch at around 2.15. Maybe a volatile move down and agressive bounce will push many players out of the market.
Tesla long - we might however get one more push to the downside
Slowly down | Continuous bull - bear traps | Close the gaps Short this or next week long term and take the intensive long swings. Always trade both ways, so you are openminded for all possible scenarios. Closing 2021 just below 30.000 (and just below 2020 closing). Closing 2022 around 28.000 (below the 2021 closing). 2023 heavy down (14.500 - 17.000) and closing...
Where are we going? You tell me :-D This market gives too many mixed signals. So this is more a chart for more insight of the big picture. The august 2021 dip and bounce on the trend line ($61) is very bullish. But we are now heading for the resistance trend line . If we break that (close monthly candle above) we can reach +/-$103. If we also break that level who...
The chart says it all. Lets see if this level will hold. Long with a tight stoploss.
We broke out of major trendlines. We have support at 725 and 650. Most negative scenario is (ironically) 420.
short till 1,00. If that breaks we are looking at 0,86-0,82.
Probably moving to the upside and see if we can breakout of the downward channels
I think if we stay above the downtrend line this confirmes we will break out to the upside.
Retest trendline and slowly down into 2024. 2024-2032 is up.
Important level. Do we break it and party hard or will we go down first? A weekly closing above the line is needed (not perse this week). Remember, the majority always have to be wrong. To wipeout all the new investors, before a major bull market, might just happen.