MUSK on TRUMP's Bill | "outrageous, disgusting abomination"Elon Musk’s sided against the latest Trump-backed tax-and-spending package, in a plot twist between the recent partners turned enemies.
Musk called the legislation a “massive, outrageous, pork-filled Congressional spending bill” and a “disgusting abomination,” publicly shaming senators and representatives who backed it.
With such a strong opinion against it one may wonder, is this going to negatively affect Tesla?
Together with this strong reaction, the price has already been trading lower for the past few days.
The administration has defended it as the “One Big Beautiful Bill,” insisting it will stimulate growth, even though Elon Musk warned the bill would swell the U.S. budget deficit by roughly $2.3–2.5 trillion over the next decade, calling the added debt “crushingly unsustainable”.
When I first read this, it made me think of Tesla's long generated “green credits”, which in 2024 alone, brought in roughly $2.76 billion. “green credits” (officially, zero-emission or regulatory credits) work by building more clean vehicles than required and selling the excess allowances to other automakers that need them to comply with emissions mandates.
Now I'm no expert on US policy, and so I roped in GPT to help me explain how this new bill implicates TESLA's profit:
Under the Senate’s “big, beautiful” tax-and-spending bill, Tesla’s regulatory-credit business faces two assaults:
❗ Repeal of CAFE- and ZEV-mandates
The bill would eliminate penalties for automakers missing Corporate Average Fuel Economy targets and roll back zero-emission vehicle mandates that currently force legacy manufacturers to buy credits if they fall short. Remove those penalties and mandates, and there’s no structural need for credits—undercutting the very market that funds Tesla’s $2–3 billion-a-year credit-sales business
❗ End of consumer EV tax incentives
By phasing out the $7,500 new-EV credit (and the $4,000 used-EV credit) within months of enactment, the bill dampens U.S. EV demand overall. A smaller EV market means fewer opportunities for Tesla to leverage fleet-wide ZEV regulations against higher-emitting rivals—further squeezing credit prices and volume
Bottom line: Without CAFE/ZEV obligations and with EV purchase subsidies gone, Tesla’s “green-credit” line—a major profit driver in recent quarters—would likely collapse, removing a key buffer against manufacturing and pricing pressures.
This could be the beginning of a bear market for Tesla lasting throughout the rest of the Trump administration.
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NASDAQ:TSLA
Seasonality
Bitcoin Log Regression 👀#Bitcoin Log Regression 👀
The orange line, as in the previous cycle, offers strong resistance.
💡I think CRYPTOCAP:BTC will stay at the current mark for another month. After that, we go to the correction, most likely it will not be a deep correction, but rather a consolidation.
This is indicated by overbought and seasonality.
⛏️ And also the capitulation of miners after the halving is possible, this will lead to a decrease in the hashrate, which will slow down the growth for some time. But do not be sad, the bull market will continue closer to autumn↗️
Gold Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,330 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,330 support and resistance area.
Trade safe, Joe.
July Seasonality Patterns For Index, Metals and ForexSeasonality can be a useful tool if used wisely (and in context) with current sentiment and news flows. Seasonality really is a backwards looking indicator that can easily be overpowered by key macro drivers. But its strength comes in to play when seasonality aligns with the macro landscape.
With that in mind, I share my seasonality matrix for indices, metals and USD FX pairs to highlight potential patterns for July, then wrap up with an update on my Nasdaq 100 analysis.
Matt Simpson, Market Analyst at City Index and Forex.com.
ethusdt no trade zoneETH is stuck in a range, wait for the sweep of range high, then closing below the range high and take the short, target weekly low. 2nd scenario is wait for to take out the weekly low and any daily candle closing failed to close below this level take the long entry and target the range high. Otherwise expecting this week choppy mean sideways. no major move. Will update if found any good trade.
Automating Your Trading Pipeline: Series Overview
Hello fellow traders!
Over the next week I’ll be rolling out a short series on how to take your TradingView alerts all the way through to live orders—fully automated—using AWS and the Tradovate API.
Today’s post is just the big-picture overview. In the days ahead we’ll peel back the layers and show you exactly how each piece fits together:
TradingView PineScript Alerts: how to craft alert payloads in Pine.
AWS API Gateway web-hook: receiving and validating your alerts.
AWS Lambda Python – processing payloads & calculating SL and TP.
Tradovate REST API – placing bracket (OCO) orders.
Telegram Notifications – real-time trade confirmations to your phone.
At the end of this series you’ll have a fully-automated end-to-end pipeline, no more manual order entry!
Stay tuned for Part 2 , when we’ll dive into crafting precise JSON alerts in PineScript.
Altseason 2025 – Wave 3 in playIn this Elliott Wave setup, Wave 2 appears to be bottoming out now. As Bitcoin dominance shows signs of declining, capital rotation into altcoins could ignite the powerful Wave 3. Historically, Wave 3 is the most explosive phase, often driving sharp, sustained gains across the altcoin market.
GOLD[XAUUSD]: Breakthrough the bearish pressure, What next?Evening Everyone,
Hope you are doing great, price recently breakthrough the current price inducement, showing a strong bullish volume emerging in the market. Long term approach remain bullish ultimately taking the price towards the new high.
Good luck
Team Setupsfx_
ETHUSD Potential long ideaThe market made an all time high at 4095.4 following the November bull run. Street money flooded premium prices trying to buy above all time highs. Once price inevitably dropped from that premium level all of the bulls who bought above premium provided not only exit liquidity for longer term traders, but also "resistance" or "supply" levels that are easily recognizable for anyone who wants to double down on their position once the market forms what appears to be a short term low. Seeing this kind of trading occur in the way that it is occurring and at the prices that it is occurring at gives me insight that the market is now going to enter ranging conditions pairing liquidity from both sides of the range.
the market goes right to 01.23.24 low at 2165 and sweeps that level eventually making its way right back to 4097.4 only $2 higher than the all time high. These 3 levels being used in this way to send the market to both sides of a trapped range is done to allow for time to pass and orders to build up.
Since the overall trend of the crypto markets and ETH in general is upward, I am assigning this behavior to institutional accumulation of discount prices. Under this assumption I will look to see a new short term low set in the market. I will see that signature begin when a short term high leads to taking out a htf discount level with an aggressive displacement lower.
I can expect to see these sweeps just above or just below key lows
Key prices to watch
- Sunday 05.18.25 low; 2325
- Friday 05.09.25 H4 +ob; 2350.9
- Daily dealing range C.E; 2271.5
- Daily + Breaker open 2081.5
- M0A_. 1732.5
Safello Group AB - Bullish Outlook - Small Cap Crypto Firm Safello is starting to show signs of a breakout from its weekly triangle. If Bitcoin or altcoins start to show life, I believe this stock could outperform most crypto stocks. The company is constantly innovating its offerings and is regulated under Swedish law.
I have been DCA’ing into this stock for quite a while now and will continue to do so until the consolidation is over.
Current market cap is about 10 Million USD.
Nothing here should be considered financial advice. Always do your own research and make your own decisions.
OMXSTO:SFL
CRYPTOCAP:OTHERS
CRYPTOCAP:TOTAL
COINBASE:BTCUSD
NASDAQ:COIN
COINBASE:ETHUSD
Long trade
15min ~ TF
🟢 ETHUSDT – Buyside Trade
Date: Saturday, 14th June 2025
Session: Asia Session AM
Time: 8:30 AM
Entry Timeframe: Intraday (short-term confirmation)
Trade Parameters
Entry: 2518.88
Take Profit: 2554.89 (+1.43%)
Stop Loss: 2515.56 (−0.13%)
Risk-Reward Ratio (RR): 10.85
🧠 Trade Reasoning
This entry was taken after ETHUSDT displayed strong bullish intent early in the Asia session, with price forming a liquidity sweep below local lows, quickly followed by a reversal candle and bullish order block on the lower timeframes.
Major Conflict (Isreal - Middleeast and Iran) on CryptoAs you can see crypto is doing its own and what general markets are doing in general. I applied the dates thanks to ChatGPT to make a summary table. you can see these issues over the past two years did not make a huge impact.
The only problem is Iran's response might not be as short as the last time. therefore I am guessing a range of timeframe rather than a vertical line.
Remember any higher escalation will lead the risky assets to dump and off-risk assets rise, such as Oil and Gold.
Usually Summer time is not very profitable for crypto and as I stated in my last Youtube video I am expecting boring price action in June 2025.
This chart can clearly shows, as long as it not become a major international issue and world wide panic, such as 2019 and 2008 it would be scary moments for few weeks at top
Safe-Haven Demand Boosts Gold as Middle East Tensions EscalateHey Traders,
In today’s trading session, we are monitoring XAUUSD for a buying opportunity around the 3,380 zone. Gold is currently trading in an uptrend and is experiencing a correction phase as it pulls back toward this key support and resistance area.
On the fundamental side, reports indicate that Israel struck Iran overnight — fueling a classic geopolitical risk-off sentiment. This escalation is driving strength in safe-haven assets while putting pressure on riskier markets. Gold typically benefits from this kind of uncertainty, adding further weight to the technical setup we’re seeing today.
Trade safe,
Joe
BTCETH parabolic run pointing towards 100:1Historically, during bull markets, Ethereum frequently surpassed Bitcoin at various moments.
However, this time around, that trend has not materialised, leading to a decline in investor confidence.
With capital exiting the ETH market, sentiment has soured, and critical indicators are revealing significant losses.
Unless a robust bullish turnaround occurs, Ethereum's struggle may persist, as the market currently favors Bitcoin as the more secure option.
However once this parabola breaks, we could see a strong snap back reaction in favour of the more riskier #ALTS, #DEFI and #MEMES as #ETH is still the home for stablecoin issuance and still the most trusted secure smart contract blockchain available.