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BULLISH into BEARISH ScenarioTSLA has momentum to move to 180 area. (This needs to happen before FOMC meeting) I thought Tesla was finished here, but momentum is strong and puts are piling in, I think we may see a continued rally to 169,if we close above 167.55 on daily or weekly, Tesla could hit 180 by Tuesday, before selling off Technical Bullish Patterns: 15min- Bullish pennant breakout - measured move to 170-175 (close below 154.5) invalidates (false break-out) Daily: H&S Pattern measured move to 175-181 (close below ) Technical Bearishness: 1 hr - Bearish Divergence on RSI, MACD, STOCH 200 WMA: 167 currently oversold on BB bands Bearish Catalysts: -1/27 PCE Prices higher than expected -1/31 employment cost index higher than expected -1/31 Bad Tech earnings -2/1-Fed Drops Market on Feb 1st (FOMC decision) **** I think Fed will tank the market
NASDAQ:TSLA
by Black_Sheep1
1
Ethereum - New all-time high soon! Ethereum is currently breaking out of the bearish descending channel after 418 days! The profits are already massive, but the good news is that we are just starting the new bull market, not ending it! A new all-time high on ETH is closer than everyone is expecting, so I hope your bags are full of crypto. The bull market is always the most profitable session, because the risk-to-reward ratio of trades is much higher than in the bear market. From the Elliott Wave perspective, the downtrend has been completed with a classic ABC zigzag corrective pattern. We have already begun a new impulse wave in June 2022! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. The trend is your friend until the end, but the trend has changed from bearish to bullish, so for swing and intraday trades, you should look mostly for longs, not shorts! I expect this bull market to end in September 2025, so we have plenty of time! Be greedy until the whales dump again for the next bearish cycle. This is a long-term technical analysis on the weekly / 3D chart. Pullbacks on lower timeframes are possible, so follow me for more updates! Every bullish cycle looks different, but I look forward to this bullish price action! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
43
Bitcoin - Buy here if you feel FOMO! The new bull market on Bitcoin started with a strong impulsive structure, which is definitely a positive sign. We have an unfilled CME GAP at 20,000 - 20,450, and there is a very high chance that the market will fill the GAP; I would say 90%. We can fill this gap next week, next month, or next year, believe it or not. It happened during the COVID flash crash. If we fill this gap, you want to buy as much bitcoin as possible for the long term investment! I expect this bull market to end in September 2025, so we have plenty of time! And what is my ultimate profit target at the end of the bull market in 2025? I showed you the previous analysis, so check it out! This analysis is a bullish idea, where you can buy BTC if the price drops. If you feel FOMO and you need to buy cheap Bitcoin, then 20,000 USDT is a reasonable price for you. We already bought Bitcoin at 16,500 privately for the long term investment on the spot, and I do not touch these bitcoins. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. On the chart, you can see my main Elliott Wave count. There are multiple valid Elliott Wave counts, but I am not able to show you all of them on the same chart. For example, wave 5 of wave 3 could still be in progress, and we could make an ending diagonal wedge. We should not go below the previous wave 1, which is at 18,373. Otherwise, this Elliott Wave count will be invalidated. The 0.618 LOG FIB is slightly above the wave 1, so this is like the worst-case scenario if a flash crash occurs to wipe out high leverage longs before continuing higher to 30k. I am very bullish on Bitcoin and my strategy is to not short Bitcoin at all. It's better to trade longs only at this moment. Thank you, and for more ideas, hit "Like" and "Follow"!
BITSTAMP:BTCUSDLong
by UnknownUnicorn2537518
79