Tesla implying it's in the final phase of a major rally to 500 from this inverse head and shoulders / cup and handle.
Major resistance at 278, but if we breaks above that with solid volume, we should see a sustained push upward, most likely correlating with good news of cybertruck deliveries and record production numbers in 2024.
Fill your bags if you are a...
Buy volume at resistance at this point in the falling channel should help propel the price to an initial measured target if $47 which would be thr breakout point of an even bigger bullish macro setup.
Cava has reached the apex price of the falling wedge, this along with RSI crossing oversold, should be good indicator the selling has been exhausted and hopefully pump into earnings, which shouldn't have to be stellar, just good and we could definitely see CAVA trading back in the $60 range, and if that with good results of growth and new locations and paying down...
Tesla has been trading in a ascending channel and just closed at support. Putting in a double bottom technically a new higher low, has the RSI resets and maintains lower lows, which could have an initial potential target of 295 and ultimately in the case of a rally and continuation breakout, upwards of 380s.
Continuation into price discovery up to text theoretical resistance level at $66
Fibonacci retracemrnrs extend all the way to $91 for ultra bull case.
Bear case we get rejected here but with rsi neutral and potentially positive fed meeting and market reaction we may see a decent rally for anyone long on cava calls!
Rsi is reset and looking for hidden bullish continuation and breakout of this rising channel which would also coincide with an expected 5 wave up to new ATHs to complete the elliot wave.
🍻 Cheers
Using Teslas initial rally about 10 years ago I found a potential parabolic fractal.
So far the amplitudes match very well and still show more momentum up to roughly $380 by year end 2023 and ultimately a potential $1000 target by End of Q3 2026!
Looking at the monthly chart for SSYS I noticed that every major pump started on the level we are currently at.
I'm expecting a 150% move back up to new local highs above 60 in the next year.
I believe BTC's second run up to 69k was a massive false breakout created by an overheated market and it is currently backtesting the breakout zone of a massively bullish symmetrical triangle on 1W.
If this is truly the case and it's not simply a rising flag it would have price targets of 75.5k and 97k.
What do you all see?
Just some fib retracement targets for Solana.
Fractal of previous flag pole showing some short term targets of $375-$400 along with future price targets upwards of $500+!
With FTX funneling traffic and money into the Solana ecosystem, making deals with MLB, etc, the price is sure to run up dramatically In a relatively short period of time.
Stochastic rsi at the same launching point it was in this possible fractal before! Currently about to go on a bull run hopefully due to markets opening on Monday, big investments going into ETH and BTC ETFS, possible big news of Eth going on balance sheets as well, and hey toss in a full moon on the 20th for good measure and we might have another massive run up...
Stochastic rsi at the same launching point it was in this possible fractal before!
Currently about to go on a bull run hopefully due to markets opening on Monday, big investments going into ETH and BTC ETFs, possible big news of Eth going on balance sheets as well, and hey toss in a full moon on the 20th for good measure and we might have another massive run up...
In true Elon fashion, it would only be fitting for support at the infamous $420 mark to "Spring" with the ending of winter and put that magic in the air by hitting a new ATH and pop the $690 mark cherry by March 1st, 2021 and hopefully bounce off and correct from the 3.618 fib support level right at $700
We have launched and it seems like we are oversold which could trigger a drop back down to test major support at around $460 or we are looking at at double top with continued gains up until the 20th were we could potentially touch new ATH of $520, which id assume would have to correct, probably down to about 480! Hoping for the latter!
I honestly have no idea what I'm doing, but everyone starts somewhere!
Just highlighted some support levels and making prediction for the next 10 days ahead.
I expect another dip tomorrow of around $15 to about $460.
hopefully retest the rally support level and find momentum until reaching $480 again on Sept. 3rd.
This will be followed by another...
