Elon musk lost a record amount of money in 2022. Starting off this year Chinese consumers are displeased with Tesla for drastically cutting prices of cars sold, some are even looking for refunds. 2023 is boom or bust for Tesla, could this H&S pattern be the end for Elon musk and his fan boys?
Price is trading above the 200 Daily EMA with a recent closure of an engulfing candle. If price continues on this path my targets are set based off of an internal trendline and measuring moves in recent price action.
Price has fallen bellow the 200 EMA for more than 3 consecutive days, Price is struggling beneath the 200 EMA signaling potential trend reversal. price target Is based off of Fib levels.
How many people promoted $100,000 price targets during the last Bull Run? Here we are Today. Price has to break and hold $25,000 For a minimum of 3 days for any upwards trend to be established.
Using historical price data we can speculate on potential reversals in price action. Price Trends have Three Directions, They trade upwards, They trade Downwards and We can't Forget that Markets trade Sideways. Market Gurus are always hopeful for upwards trends. You may have heard the term "crypto winter" but realize that before Summer comes Spring. No matter what...
The Rising Wedge pattern signals further bearish price activity.
Neither Russia, Ukraine nor NATO will be the Champion of the current special military operation in Ukraine, The Chinese Communist Party Gains leverage each day the conflict persists. in 2021 China was the United States #1 trading partner based on import value, it is also the Russian federations #1 ally. Whatever outcome of the Ukrainian conflict the Chinese...
This trade will activate on a test of the 200 EMA 4H time frame, price target has been set by using fib levels.
classic double Bottom formation spotted in XRP's price action. might be your last chance to get in at .40!
The Euro is headed into winter under bearish conditions. Price is well under the 200 EMA, price is also trading downwards inside of price channel.
Fundamentally Europes Economy is taking a hit from the rising price of energy due to the Ukraine conflict, Technically EURUSD is in a bear market. The Three Black crows candlestick formation signals further downwards price action.
Bearish flag signals continuation of downward price action, price target was set based off of fib extension levels.
The Digital Asset XRP is in a unique position compared to the rest of the market, The SEC's Lawsuit against Ripple Labs promises Clarity for the token once litigation is completed. Regulatory Clarity For XRP Will Be a Catalyst for Bullish Price action. Any Price Point bellow the 200 EMA is a bargain.
Russian invasion of Ukraine drives Oil Prices Higher, Market Structure implies further Upside Before The Top is met.
Trading Continuation Patterns Rely on identifying developed Trends. Although chart patterns can occur at any point in price action, The Trend is your Friend!
Recent price action in EUR/USD Highlights potential risk in holding trades over the weekend. Your Online Broker has no control over the war in Ukraine if the ship goes down you're going with it. don't get Gapped out of the market!
I randomly Selected this trade By flipping a Coin and throwing darts at the wall.
Elon musk bought in at what price? Don't let Michael Saylor fool you either, they are not Certified Market Technicians! Market Sentiment is meaningless in the face of fundamentals. Lets consider this basic principle of investment, is your Money working for you while you sleep? I might have seen 1000 advertisements for Bitcoin over the past year but that doesn't...