slip_stream
Quarter my results due the next day may provide indication of next move. Price is showing support at the 50 DMA level. If it bounces up, and with volume higher than recent, good chance price is moving up, especially if Q3 results are positive. If price falls below 50 DMA, then next support level would be upper trendline, where we will have to see if that provides...
The 50 (Green) DMA is approaching crossing under the 100 (Blue) DMA. If this goes ahead, this would trigger a strong signal that BTC will be heading lower. With the RSI also close to the over bought level, this adds another signal/metric for an impending downward trajectory. The price has also remarkably followed a supporting trendline for over a month. If a...
This is a follow up idea to the idea I previously published a few days back on tradingview. In this idea I discuss how, following a trendline analysis, a new trading pattern/price trend for tesla will be emerging within the next few days and how this might set up a few trading scenarios this/next week. It is likely that we will know the trend for this stock for...
This is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines , that reasonably protects profits and avoids a potential bear trap driven by...
This is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines, that reasonably protects profits and avoids a potential bear trap driven by...
Does bitcoin look to be moving upwards on a longer term trajectory? Looking from a daily view (1 day bars), the short term SMA moved above the longer term EMA near the beginning of April (08 Apr 20), and seems to have established itself there for the past approx. 4 weeks. Additionally, drawing trends on the highs and lows from the lead up to the move of the SMA...