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SOLO

SOLO - Technical review and analysisSOLO has been up more than 30% in the last 24 hours. The price of this currency recorded a sharp increase to the resistance level of $0.25 after finishing the range area and breaking the ceiling of this area in the $0.20 range. In return, the pullback to the ceiling of the range channel also returned a strong positive reaction of the price to the resistance range. Due to the high strength of the resistance, we can expect a larger range area for this currency. In the 4-hour timeframe, the ceiling and higher floors form an ascending channel. But if one of the ranges is corrected, it can be considered at the price of $0.190.
by MonoCoinSignal
ADDED to $SOLO NEW Target 8.06 for 51.22% $SOLO Target 8.06 for 51.22% Or next add at 2.97 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
SLong
by SPYder_QQQueen_Trading
5
$SOLO Target 8.58 for 46.67% $SOLO Target 8.58 for 46.67% Or next add level is at 3.12 Nice to see everything waking up a little bit... Same deal... sell target and next add in place... GL — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
SLong
by SPYder_QQQueen_Trading
3
The worst has yet to come for the EV Mania..! Have you ever asked yourself how much these small companies other than Tesla would compete with big names which showed up with their fully electric cars in the 2021 Auto shanghai show??? Especially Toyota bz4X and Volkswagen? Some may think after a 60-90% price crash there is nothing left for more correction, but I believe many companies will file for bankruptcy in less than the next 5 years! So it is better to Forget the return to time highs and take what is left. Even Tesla will experience a huge correction. Tesla's market cap (660B) could not be more than Toyota's(210B), time will prove it..! Keep in mind a bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value or a contraction, which is sometimes referred to as a "crash" or a "bubble burst." Educational article: Bubble: www.investopedia.com
NASDAQ:TSLAShort
by Moshkelgosha
7
ADDED $SOLO Target 9.47 for 40.50% $SOLO Target 9.47 for 40.50% Or next add level is at 4.01 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
SLong
by SPYder_QQQueen_Trading
1
EV enthusiast investors please do not get too excited!As you see in the charts, in the past 3 months, most EV makers lost between 40-70% of their value..! This is completely an example of a Crash..! keep in mind that they were the best-performed stocks since late 2018. I believe this is not the end of the bearish move for these stocks, because they were so overvalued that can experience another 50% decrease in the longterm(next 2-3 years)..! Even their mam Cathie gave up and decided to try her social media trading pump and dump plan this time in the Space. please read the related links to see how many times I wrote on this..!
NASDAQ:GOEV
by Moshkelgosha
9
Market front runner industry (EV makers)seems exhausted ..!Without any doubt EV makers and their investors were the winners of market since March 20th, 2020. But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed. IMO: Future belongs to clean energy companies, but in short-mid term we will experience a correction at least in the ticker symbols with +1000-2000% gains. Since most new traders and investors get involved in EV rush in the past year, there is a strong feeling of market crash..! We shouldn’t forget price corrections between 30-50% is quite common among the front runner EV makers, it happened before, so there is a high chance of reoccurrence! Please take your time and review my previous analysis on WORKHORSE, TESLA, NIO,... Moshkelgosha
NYSE:NIOShort
by Moshkelgosha
20