Waiting Game TESLA (TSLA):Bulling long term scenarioHello traders and investors!
Today we are considering the idea that Tesla (TSLA) can reach a target between $1,400 and $2,600.
As far as I can see we are in a corrective structure. I consider it as a simple (and relatively) shallow zigzag to complete primary wave 4 and "follow" the guideline of alternation with primary 2 (complex and deep WXY correction). If this structure will eventually unfold as zigzag (with a B wave as a triangle) we should also see market geometry respected:
a) wave 4 = 38.4% of Wave 3 at the middle line of pitchfork connected between cycle 1 and cycle 2
b) primary wave 4 completion in the region of intermediate 4 of lower degree
Targets:
$1,400 if primary wave 5 = 61.8% of primary wave 1
$2,600 if primary wave 5 = 100% of primary wave 1
Let's see what happens next.... as usual no rush to buy the dip
Long-term-bullish
Siemens India marching aheadSiemens India , the history and management of the company is undoubtedly very good.
The stock has come out of long consolidation and is trading at good levels.
The stock should be bought at current price and keeping a stop loss of 1900 on weekly closing basis.
Keep a view of at least 8-9 months and buy.
***ideas are my own*** Invest as per your risk taking ability***
Cautiously Optimistic for BABABABA currently has strong support at ~180 level. This beaten-up stock has a lot of China uncertainty built into the current price, and it is an extreme discount from fair value evaluations. More turbulence in China could cause more turmoil in the future, but BABA is still a compelling long-term opportunity in the 180-190 range.
XRP/USDT Long 11AugustI think there is no need to say something about this clear shot
Flag will be completed
before that U take the trade⚖️
Don't forget to setup Ur SL
i was going to forget that...
It will be listing tomorrow on august 11th On KickEx Though (some gap up in MFI Indicator Is needed to complete Double Top Pattern)
Is TESLA (TSLA) ready for the next move up?Hello traders and investors,
Today idea is entirely focused on the hypothesis that primary wave 4 (purple) is not going to be a ABC zigzag correction (please ref. to )
Since we published that idea, Tesla moved in a sort of a triangle (with most probably a triangle in wave e). Having a triangle in wave 4 is not so uncommon, yet I have also can't ignore that wave 4 is less than 23.6% and it didn't complete in the region of intermediate 4 of lower degree.
However, this triangle took more than 3.618 times of wave 2.
Finally, if the subdivision of the internal triangle is correct, we broke above intermediate wave (D) as highlighted with the dot green line.
Let's see what happens in the following days/weeks.
Centrifuge (CFG) - undervalued low cap gem (Kucoin)Centrifuge bridges real-world assets like invoices, real estate, and royalties to DeFi. Borrowers can finance their real-world assets without banks or other intermediaries, and providing liquidity is open to everyone, investors receive a return plus CFG rewards. By opening these doors to small and medium enterprises, which have historically faced financial issues, we are enabling them to access financing securely, transparently and efficiently.
Centrifuge is mainly looking for Tinlake (tinlake.centrifuge.io) investors, asset originators, and validators. An Asset Originator is a company that advances financing to multiple businesses or individuals. Tinlake, a Dapp built on the Centrifuge chain, allows Asset Originators to finance their assets and investors to invest in them. Tinlake investors can invest in the pools made by asset originators, and receive a stable return.
Source - blog.coinlist.co
CFG currently on an uptrend since the huge sell-off soon after the coinlist token unlock. This is not financial advice please DYOR on this project and place stop loss below the red lines accordingly. This is massively undervalued and going to moon soon. Start accumulating for long term and take advantage of Tinlake for passive income.
Waiting Game ETHUSD: Bullish long term scenarioHello traders and investors!
Today we are looking at the ETH/USD pair on a weekly timeframe and breaking down the Cycle (Black) degree in Primary (Purple) and Intermediate (Blue).
If we consider the impulse from October 2015 until January 2018 ( 812 days ) as Cycle wave 1, can we say that December 2018 low is the end of Cycle wave 2? is possible that Wave 2 correction took more or less (just) 38% of Wave 1's time?
Let's assume that Wave 2 didn't complete in December 2018, and it lasts until March 2020 low, hence the time spent in Wave 2 is almost 1-to-1 with Wave 1.
If in the long run, this hypothesis is correct, I think we are in an incomplete Primary Wave 1 (Purple) of Cycle Wave 3 (Black), and currently in Intermediate Wave 4 (Blue) in the region of 23.6%-38.2% Fibonacci retracement, and at the lower boundaries of the Pitchfork.
If Intermediate Wave 1 and 5 will be similar, we will hit the Pitchfork 61.8% line which is around $10k . In addition, the current lower boundaries is 38% of the move (starting from $84 until $10k).
Long term forecast? Above 10k... much higher. Let's see what happens at the end of 2021 and in February 2023.
Up market The overall concept is - as long as Bitcoin maintains above $32,500.
The general market would see a huge rally to the upside!
✅ General market still having a positive slope.
✅ Volume still within the huge volatility territory. Strong break out Imminent! ⚡
Yesterday's early morning dump like I said, gave the signal across every market. It's an up market! ⚡⚡
Mid-term to long-term opportunityOn this trade a confluence of four signals is present for me to take advantage of this mid to long-term opportunity:
1) Hidden weekly bullish divergence on both RSI & MACD
2) Past weekly support (looking left)
3) Weekly Bullish Engulfing candle
4) Touch at long-term uptrend line
Some people would say the entry is premature as the market short-term is in a downtrend, but this is my way. Until we get a break of the weekly engulfing candle, we will add on pullbacks. And if we get the break, then we will wait for another weekly candlestick formation. It is a probability game and the area at which the market is positioned right now, long is the higher probability direction. Happy trading week !
Buy Gold 👑💵 Gold has broken out of its weekly channel and with what is happening in the fundamentals, the only direction for me is 🔼up and my first target is - 1966$.
I hope we reach the target by Friday.
My next target will be at - 2000$
I strongly believe that Gold 👑 is going to stay above 2000$ for the next few years that is if the Governments around the world stop borrowing coz if not then Gold will hit 🔥😋 3500$ in as soon as 2025!
This is not Financial advice by any standard. So this info should not be used so.