Buy it and leave it (only spot, and hold at least one year)
There is an area of resistance that could hold and push it to a lower zone. As simple as it could be!
There is a good chance for ETH to reach higher prices. This is my personal point of view: Good opportunity to buy For an at least RRR=5
because of fundamental signals which indicate oil price may reaches higher prices, I am looking for buy situations. This is a possible scenario for me!
Despite the bullish nature of us30, the downtrend is confirmed. It's probably temporary, but for now we'd better not risking on getting long and just focusing on short positions. The drawn figure is just a scenario which has more than 50% probability and nothing more. In shorter timeframes I am looking for a suitable short entry situation. And if each one of Lower...
BMW shares have reached the resistance I mentioned before much steeper than my expectation, this pressure caused this strong bouncing off the zone, but, BMW fans should be aware of fake bullish signals. The price will probably come back and if the resistance will be broken, far lower prices would be expected.
We may have a breakout in upside direction, but, we can't assume the trend has changed. It will be a correction and price could reach the 500 - 600 zone. Thus, hold your money in your pocket, and don't invest on Musk's callenges with pandemic and the US & China cold war and... Wait for better prices and then, it would really worth to buy.
In the weekly chart, we will probably be witnesses of a trading range, and after that, only if the strong resistance is brokern, 47$ would be a descent stop for bmw shares.
As the Ukraine - Russia war crisis boosted the down trend of stocks and the possibility of ranging inside of a triangle has expired, we expect tesla to reach at least the strong 500 - 550 resistance level. So, don't rush to enter long, because the whole market is downward now.
As we said 1200 was a strong resistance and now it seems tesla is trapped in a trading range between 880 and 1200 and probably is going to form a triangle. If it's true, In the end, it can breakout from either direction
Az we can see the red uptrend channel is evolving to to the ghreen one and Its slope is decreasing. 2700 could be a strong resistance, but in the worst case scenario 1800 would be a barrier to falling to lower levels. Though, overally, In the long term period 6700 is an ideal target.
Thanks to rules of tradingview, you can't delete or modifi your published idea even one minute later. So, because the chart in my last post had a problem, I should publish it again. Description could be find in related idea just below this page.
When I first drew this uptrend channel on September, it was an unrealistic idea for some people, but, now we can see the price is going through it's path very well. So, if the lower cahnnel line remain inviolated in next few weeks, we wouldn't see 42-43k price again for at least the year. Although, if it break the lower band the next stop would be around 30k wich...
Uptrend is weakened and a dramatical drop to 2000-2200 is not far away... Do not be greedy and take some profit!
Price is in a consultation zone and it might has a retracement to lower levels before trying another race to the ATHs
In BMW weakly chart, price has reached a strong resistance level and may see the 70$ . Also, fundamentally, vehicle manufacturer companies still are in a bad period because of COVID-19 consequences.
In EURUSD weekly chart there are 2 trend lines which the price is going toward their crossing point, so it would be a strong resistance and can offer a buy opportunity. So now we should wait for it
Tesla holders now can take some profit or sell their entire shares as the price is near the higher line of the upward parallel channel.