Elon Broke the Bearish Trend Hi dear people
After breaking out of the Bearish pattern (which can be seen in my previous chart), BTC is back for another important call. The pump caused by Elon Musk was shorted heavily from 38k, resulting in touching the bearish trend line, this time as support.
Now Bitcoin is back for two possible options:
1. The bearish trend breach needs to be confirmed in order to form a new bullish pattern.
2. BTC can dive back into the bearish trend because of the (HYPED) pump, resulting in touching the higher bearish trend line again for going back to the Main support area. (Without the Elon Pump we would still be in the bearish trend)
Let me know which situation you think is more likely in the comments.
Also, feedback would be very Helpful!
Thank you
-SR7-Tradings
ELON
TSLA - Short Squeeze Friday = New ATH $888 targetTesla will hit new ATH due to the 10+ Million Shares that will be purchased tomorrow by outstanding naked puts. If we gap higher overnight, by $15+ a run over $900 is possible. More than likely we'll settle in the $880 range after making a new ATH at some point (likely late) in the trading day.
[WSB] The Technicals Behind TSLA (Trading Plan) #2Hello friends,
the performance of the Tesla stock (TSLAUSD) amazes me day by day. The fundamentals align with a very bullish and kinda healthy
looking chart (combared to bitcoin). We can see that the price is moving above the Moving Average 50 & 200 (blue area) for a
few months now.
We've managed to make some nice gains by taking a long position at the breakout of the symmetrical triangle (purple) and riding
it all the way to our final target at $650.
While i thought the run was over (like many times before), the price continued it's strong movement by moving along
a parabolic curve, towards our main target at $1.000.
Everything we see is basically uncharted territory. We don't have any resistance or zones of confluences above us (basically no data to rely on)
so we will have to look out for psycological important marks, like back when the price hit the $500 mark and retraced to $320 in a few days.
That's where to accumulation started.
We can use the Fibonacci Retracement levels to verify possible entries as soon as the price retraces (probably for the next leg-up).
This kind of retracement can have different shapes. You can see a Falling Wedge above, which is followed by a strong breakout and a continuation of the trend. This pattern is SPECULATIVE and just an example of how things can play out. We still have to observe the strength of the move.
Let me know about your thoughts on TSLA and feel free to like this idea if you agree with this idea.
i love you Elon!
cheers,
Ares
Don't Buy DOGE Now.... Buy It Later.You know my style, I would never suggest to buy anything out of FOMO. I would never suggest to buy anything that is this high. But we can look at some interesting technicals and curves to get an idea what would be the next target.
I'm looking at a 0.11$ target here with a retracement of around 0.005$. Simply based on fractal like behavior where we see DOGE has been through very similar cycles already.
-Trading-Guru
DOGECOIN 387x potential & dollar parityDogecoin (DOGE) is projected to move 387x in price and achieve dollar parity by March.
The events that will launch the price action are that Elon Musk will announce (he does not know it himself yet) on November 3rd right as elections are finishing that he will instate DOGE as main currency on his Mars colony, because of the election outcome the earth will be scorched and a escape to for entire humanity is inevitable and necessary for the survival of the mankind. Everyone will be looking to get to Mars.
All seats on space ships from the moment on will be only purchasable with DOGE at which point the entire humanity looking to escape earth will start accumulating DOGE with 1kg on the spaceship costing 1000 DOGE.
Increase your profits with 125x leverage at Binance, an exchange proudly ignoring most financial laws and regulations in most jurisdictions, by so being able to give you tools for instant riches such as 125x Leverage.
Trading involves risk. This is not investment advice.
Financial holdings disclaimer: ALL IN ON DOGE COIN HODLING UNTIL MOON and MARS!!!
TSLA $444 MetThis is an interesting situation as my calls expire in a month and appear to open ITM.
I have a rule to always sell if i exceed a 30% return, this is going to be at least 150%, so I will unload my $430 & $450 calls at open and await a re-entry. I will keep the $465s for Dec 18 however, as I think get some FOMO buyers now that we are through $450
But wow... congrats to longs !
$TSLAWe need some market sentiment and movement to push foward. We bounced off support really nicely, and Id like to see those two levels get broken with some conviction to send TSLA back on track. With election news coming a we could see market wide dips but So far TSLA has stayed in range so i would expect to see TSLA consolidate and could possible present a iron condor situation.
TESLA EARNINGS YOLO | Pure EntertainmentHello Tradingview family, today I yolo $1500 on Tesla weekly calls into earnings. I think they will do really well, on top of the number of sales I think their new factories and distribution centers will provide good numbers.
Throughout the last week, I've noticed the silence from Musk on Twitter, at least when it came to the stock. Over the last several earnings, we've seen Elon tweet out stuff like "it needs to come down" prior to the report. Instead today, we see silence.
BULLS LOCKING IN? I AM :)
My Play:
TSLA $455 Call 10/23 @ $676 (I bought 2)
I do this purely to entertain my fellow traders and feed their FOMO demons. Hope you are all having a blessed 2020, let's see if this hits :D
Please do not play this, you will lose money!
DotcomJack | Tesla Yolo