That's it, We have a classic head and shoulders pattern forming on NVDA
Nvda bounced off support, causing a 4-hour time frame double bottom. Yet, it is getting rejected at the 830-supply zone. Bringing 770 back on the table with a possible fall though. Enter a short position here.
TSLA looks oversold here. With long-term support sitting around 147.50ish I expect a pop in price action. 1st target 157. 2nd target 163. all out 177. Happy trading
Alright, based on the historical price action displayed in the image, I'll provide a technical analysis of Ethereum's chart. However, remember that past performance is not indicative of future results, and this analysis is hypothetical, based on the static information provided in the screenshot. From the chart, here are a few observations: Trend Identification:...
$COIN has been stuck in a downward channel since 08/08/22. Thanks to its obvious symbiotic relationship with $BTC it is sitting at the top of this channel. Thank you jim crammer for that pump. Yet with the recent doubled top forming around this resistance of 57.33; then adding the selling pressure from the CEOs recents sales. As well as Surojit's separation, which...
Shorting coin here, 50p with 2/17 exp. middle of channel is target around 40 dollars.
Really depends on cpi data tomorrow. Yet market makers felt the need to trap bulls with the false break above $125. I am entering a small short position here looking at the $120 p for next week. If CPI is worse then expected ( mindfulness the target was moved from 0.0 to -0.1) then tsla could suffer further downside to the psychological lvl of $100. My price...
After todays inter day rally with a reject at $242.22. I believe Tsla is in for more downside continuing into next week. With a demand zone starting into the <$220 area. I believe Tsla will use this demand zone of $220 to $206 to consolidate until earnings.