Profit-trade
Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA
Technical Reasons:
Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement
Money Flow Divergence on the daily
Commodity channel index divergence on the weekly
Stochastic Momentum switch on the daily
Already +- 5% off the lows which shows buyer are stepping in
RSI is exiting oversold territory
Fundamental Reasons:
Tesla had a +- 35% correction after missing expectations - This has now been priced in
Tesla Cyber Truck rollout commencing this quarter
Growing EV penetration vs Ice vehicles
Growing demand and margins in the energy storage side of the business
Continued expansion of production capacity (Mexico factory has the go-ahead
Continued investment and breakthroughs in real-world AI
Overall robust financial performance and cashflows
Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot**
Trade setup
Pending a confirmed breakout
Entry between $204 to $209
Take Profit 1 - $230 - which will start filling the gap
Take Profit 2 - $242 - which will complete the gap fill
Take Profit 3 - $267 - previous swing high
Once TP1 hits - move stop-loss to break even for a risk free trade
Good Luck
Bitcoin Dominance Chart ( Another Alts REKT ? )#Altcoins Update ( #Bitcoin Dominance Chart )
#Dominance Still Above Support Level so #Alts still Not Bullish.
If #BTC Dominance Hold 46% Support then #altcoins will be Bearish
Below 46% we can see small #ALTSEASON
As Per chart Dominance Next move toward 48%
Ethereum bottom will be $600 Because of this Indicator#ETHEREUM Technical analysis:-
$ETH currently trading at $2030 which is still 22x ( 2200% ) up from Last Bear market.
And went up to 58x from last Bear Market.
As I researched many data on Chart so Last two Bear Market low was 0.5 fib Retracement level.
And Almost -80% to -90% down from All time high.
If same work this time than I am expecting #ETH Low will be $600-$700
This is Not financial advice guys.
This is My research and analysis.
So Now currently market scenarios:-
Now Ethereum more than -60% down from ATH
Now ETH need some upward corrections.
So One more time ETH may hit $2500-$2700
This time 0.5 Fib Retracement level is $657
So keep watch market and never trade Blindly.
IMO till 2024 ETH in Bear market.
But 2025-2026 will be Very bullish for Ethereum.
Chart Invalidated above Red Line Resistance line.
Thank you.
Must Like and Share and drop your valuable View in Comments.
Thank you.
ATOM bull run incomingHello everyone
Today I will publick my opinion with Atom in mid-term
News: Evmos will mainnet soon. Which will help a lot of project build in Evmos. It will push ecosystem development on Atom.
TVL in Atom still increasing strongly month by month
Analytics:
In chart 1D. We have see ATOM break trenddown. It have hit $40+ soon
MACD also show for uptrend.
RSI need adjusted adjust before rise again.
We have set a fews order in $28.6 -$27.5
TP: $34 - $40
Stoploss in : $25.9
Good luck everyone
Thanks
Daily Bitcoin Report Hello Everyone
We have see Bitcoin move around $44k - 45k
We will have a fews The scenario will happen
If bitcoin countinue move and close price weekly higher $46k. We can will see BTC move $48k-50k.
Because MACD,RSI in pattern. When it break it will help btc have pump strong in short-tearm
And If weekly close below the $46k.
We have see short-term price drop $42k and more. Then Bitcoin will up again.
Though BTC is looking good after this breakout.
The altcoin dominance is showing signs of bullishness in the short-term chart.
Thank you
GLMRUSDTHello Traders
#GLMRUSDT (Moonbeam) is one of the most popular cryptocurrencies right now. This trending token has gained interest as a result of its Ethereum-compatible smart contract solution.
Like many other Altcoins, Moonbeam coin is also affected by the volatilities of Bitcoin. I expect that after Bitcoin achieves a stable support level, Moonbeam will start to surge. The predicted prices for entry are illustrated in the chart below. Be patient and snipe these targets when the time comes.
Daily Outlook EUR/GBPEUR/GBP bigger picture looks good.We got a huge impulse to the upside. Now the correction is forming. Inside of this bull flag we got a nice support area, which means it is a potential a new HL. From this perspective I will be more bullish and 0.9250-0.9270 area is very likely. Lets see how this will play out.
Cineworld - 5% on the sell and 5% on the BUYA big move today for Cineworld.
I checked lse.co.uk this morning and saw the daily % gain, guess what - our strategy had already signalled the buy.
This is a very powerful tool for investing or cfd trading stocks too.
Regards
Darren
USDCAD long trade. this is a trade i am planning to take needs to meet a clear trend break and then a large bull rally to the upside and a retest of the resistance as a support then i will hunt for rejections on the smaller time frames, 15m to 30m in order for me to be comfortable to ride the trade to the highs and give me a very good risk to reward ratio.
dow jones possible short tradeThis seeing if the Dow Jones is going to get rejected for the fifth time and head back in to a bearish terend or break the zone and starting heading in a long position again and continue the V shape recovery. The fundamentals are not on its side and we should be seeing a rejection in this zone and a further push to the down side.