Get started

Ichimokukinkohyo

TSLA LONG on ICHIMOKUTSLA has almost constant news catalysts. The latest is the MSRP reductions to under the cap for the $ 7500 federal subsidy at least presently in effect. Musk is betting that consumer's buying power will be reduced in a recession but that demand will increase with the lowered prices and that supply will keep up with factories capable to the challenge. Moreover, despite lowered prices revenue and earnings will hold steady which will be the greatest of the challenges facing TSLA. On Ichimoku on the 30 minute chart, price is above the thick green cloud signifying a strong uptrend. In the past week, price crossed over the black SMA 200 and then retested and held above it. Moreover, the SMA10 golden crossed the SMA50. The indicators show solid accumulation as compared with distribution as well as higher relative buying volume. Although not shown because it would clutter the chart, TSLA is currently trending in a channel on the VWAP anchored at the last major pivot in a range between VWAP and one standard deviation above it. TLSA is about to ride over the POC line of the volume profile a high volatility zone where buyers have greater strength than sellers. Overall, technically TSLA is trending up while noting that fundamentals are likly in a state of change ( or chaos depending on your perspectives ) I see this as a risky swing long setup with high reward if momentum accelerates.
NASDAQ:TSLALong
by AwesomeAvani
Tips to identify potential trendsTo identify potential trends with ichimoku you need to look at 5 lines: -Tenkan sen:Tenkan sen is higher than kijun sen in an uptrend and vice versa -Kijun sen :Kijun sen is higher than kumo clouds in an uptrend and vice versa, if the price is lower than kijun sen, the market is no longer a potential trend. -Kumo:The kumo shape is very important, it shows the long term momentum of the market, if the kumo is thin and small then the trend is easy to retrace, if the kumo is wide and long it is a stable trend. -Chiko span:It is one of the most important lines but everyone ignores it, it shows the current momentum of the market, if the chiko span crosses with the candle then the market is in range because the momentum is at zero. Example with Xauusd: -Chiko span on candle -Price above kijun sen -Kumo is wide and thick ->So now Xauusd is trending up potential !
FX:XAUUSDEducation
by huutai2403
BTC GOING TO 32000$?Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis shows that Bitcoin has just started its way, and the candles are breaking the blue trend line, and Chico Span is crossing the Tenken Sen, and we shouldn't wait for the Kijun Sen to break. I believe that when the blue trend line is broken by the candles, the next move for Bitcoin is to hit the red trend line. But all in all, Bitcoin should reach 50% Fibonacci and the price will continue until 50% Fibonacci equals $32,400. Although there is a weak upward energy in the positive movement of MACD, let us know that this energy is positive and it seems that the beginning of a positive but alive energy is like a bow and arrow that arches itself to shoot up.
by khosrooparviz