Erictaylor

Erictaylor

Had a very nice breakout which saw a good rejection off 155 area We just broke down from a symetrical triangle which could have contiued this trend to 160 but failed for now. I’m still bullish coin but Mabey we need to come Back in and retest that pattern we just broke out from. I’m in shorts on coin looking for a retest of either 144 or 140. Curently the...

Erictaylor

Hanging on here to support. Last time I shorted it was for coin to test the uptrending support at 132. We did that and eventually got a push up and another rejection of 146.50 We are now retest the breakout from last week from 138 being a bigger reistance We need to contiue to hold and reclaim This as well as hold this uptrending support. As long as we can hold...

Erictaylor

So the idea worked out mint and we got a nice bounce off 130 area I took profits at 132. The overall pattern is holding still closer to the bottom end of it. First bounce is still within the downtrendinf channel If we reject the flat green box reistance that’s 138 If we trend up to the downtrendinf reostance that is 139-139.20. For me a reclaim above 140...

Erictaylor

Rising wedge breakdown shortinf to 132. I entered yesteday at 146 with stoploss 149 I’m holding postioning unless we reclaim above 145 this idea will be broke. For now should downtrend to 132 area

Erictaylor

Falling wedge breakout and potentially flagging on top of the wedge as support confirming this breakout. Entry 29400 Stoploss 28,500 First take profit 32,400 Second take profit if we break and hold above 33k and hold is 37.5

Erictaylor

Since trend break occured we created a symtrical triangle below that broke down targeting 240 Tesla is almost as the first support area that seems to have the most confluence. Looking to see Tesla start to see buyers coming in here soon I’m looking at this 240 as a logically area for a bounce back up. Overall could start to look like a head and shoulders...

Erictaylor

So I was looking long unless we broke the flat support. Unfortuently we did end up breaking that 16 area and I did go short Howver was stopped into some profits. I am looking at this as overall a bullish setup still Howver it might just need a little more time to build. Right now it could Be building a falling Channel but we need to clear 1650 and hold up...

Erictaylor

This could be setting up for another big push. Yes it’s got a bit of a flat support at 16$ so we’ll have make sure Mara controls this. Key reistance is 17.50 so if we can clear and hold that, this should be gettinf prepared to move up. I’m long but I am willing to flip short if we lost flat support and flip to reistance.

Erictaylor

Setup a little bull trap on the intial pop to 46 area. Caught me up which I was in around 42 averge ended up having to close it. I started nibbling again today. This is getting extremely tight. Personally I’m still thinking upside. Bears had a few days of leverage and bulls are fighting strong Should see some pops up soon in my veiw. Once we clear 46 and hold...

Erictaylor

Although my last post was kind of bad timing, as I was expecting a move up from that support if 29,500 as it was a flat support and buyers were controlling it, until they stopped. Once they backed off, I did open a smaller short postion which was quickly stopped out within a day. It’s a choppy range in here which is tougher to trade so be patience. Howver as of...

Erictaylor

Getting close to a very large move. For me it’ll be upside. 33k-32.9 area should be strong reistance. Howver after that battle completes blue skys for a 10k move Not saying it’s going to 42k but I have a 37/38k target above it all depends on how price reacts after a few weeks around 33k area. Buyers are still here and 29.5 is becoming sipport again… some bears...

Erictaylor

Stoploss 23.48 Entry 25.50-25.85 area. Targeting 36.50. Breakout if fallingnwedge. Could take months to reach 36 not a 1 Week play As long as above 24 this is valid Great entry points in the Zone here. This is geared up for huge move but yiur getting in before momentum pics up. Good luck!!

Erictaylor

This is so close to starting its massive breakout! Closing above 45 holding as support should be the key breakout. Targeting 52$ First and 73 overall off this symtrical trinagke. Get ready for a big move soon! I’m averged at 41$ bouhhht more Friday

Erictaylor

Finally creating further consildation. Bears can seem to knock us below 29.3 ish Looks like a bull flag on 4 hour Love to see sideways considlation after a big push of a move. I still have this overall channel kind of like a large rising wedge. I’m keep it as my support and resistance zone of overall trend. Doesn’t have to mean we get there and reject that...

Erictaylor

Bears are holding market down this week. Starting to see profit takin I’m thinkin decending on the trading conditions after the first 30-40 min , Tesla has key reistance at 280. I am liking the short around 278.40-279. Closest to 280 the better for less risk We had a rejection above and now in a smaller symtrical trinagke with a bearish leg into it. There is...

Erictaylor

Short term it’s got momentum slowing. I’m loooing for a 444$ put for July 28th. First area to watch is 441.77 that’s not much of a move but it could be just building a smaller flag/ bull pennant here. Howver overall daily bearish divergents which could cause a larger pull back. A drop to 432 area is my main idea this could take a few days to play out but overall...

Erictaylor

Been on a roll here. Has a large channel here as it’s reaching some potential rising reistance. Howverr if we can pop 16$ and hold as new support in coming days, this has a lot of room to the upside. I took a postion at 1385 but I’m thinking this could be seeing 19-22$ soon but needs to confirm above 16-16.20 to truely be ready. Let’s see how this plays out.

Erictaylor

Has been a great runner. Could Be bull flag breakout occurring here at 40$ level. This thing got more room to run if it can contiue