Tesla has been one of the most controversial stocks over the last few years. In 2018 $tsla was the most shorted stock in the entire market. If we look at the technicals we can see that Tesla has been respecting a trend line dating back to early 2016, has been tested 3 times since, and has not closed below on a weekly level. This week will be very interesting, but...
The question on everyone's mind is where and when will Bitcoin bottom. With this analysis I wanted to look at both price and time.
The first thing we can see is that Bitcoin has been respecting (closing above on a weekly scale) a trendline from the $63 low in July 2013. This trend line was tested and respected again at $152 Jan 2015 (previous bear market...
$ZEN is trading above an 8 month diagonal resistance, and is approaching the 50 day MA. It has fully retraced back to its all-time lows on Bittrex. WIll be very interesting to see if volume comes in and pushes price higher or if this another dead cat / bull trap.
