Wait for the 4hr candle to close above $19 for confirmation, has been rejected by this downward channel multiple times.
PTON bounced after a steep sell-off but fooled longs with a false breakout. Breakeven trade
Whats up squad. BTC has been rejected by the dark BLUE resistance line. I said this was a likely scenario in my previous BTC post. The blue ARROW indicates the next support that I see. I personally think it will break below that level and travel to the 7300's range possibly breaking below 7000. -Stay savvy
Whats up squad. If you saw my previous TSLA post you know I said TSLA could possibly break the strong 290-300 support level. Well, it did. Now it will most likely fall dramatically. Watch for old support levels at 270 and 250 although they are weak. If TSLA breaks below the 250 mark then the next bottom I see is 175. This drops catalyst is extreme debt and low...
What's up squad. Alright, BTC. Simple, blue lines are support and resistance. A break above the top blue line indicates a buy signal from roughly 8200-8650. Watch out for the resistance at around 8400. However it may get rejected by top blue line and continue its downtrend. Remember, be patient. -Stay savvy
What's Up Squad. Ok today we look at TSLA. The bottom Black line is a reliable support. The upper Black line is a reliable resistance. As you can see from the bottom support and B-bands, we are approaching a support zone. TSLA is know to bounce in this area. Wait for break above 180 day EMA or middle B-band. If TSLA bounces, it will be met by resistance around...