🚘 Tesla Highest Daily Volume In 2 Years, Lowest Ever RSI +MoreWe have two strong signals that can favor the Tesla bulls.
The first one is the volume mentioned in the title.
In the last days of December, 28 and 29, the TSLA stock saw its highest buy volume in two years.
The last time this much buying happened was 17-December 2020... A long bull market followed.
We have another interesting signal in the form of an oversold RSI.
The TSLA stock hit its lowest level ever on the RSI.
A low of 16.5 was hit.
The previous record low on the RSI was set 10-February 2016 and this marked a bottom.
A 6 year long bull market followed.
Now, these are strong signals but the chart structure is not the same.
The market conditions are not the same.
We cannot expect a bull market to develop based on such little data but, we can expect a bounce at least or a relief rally to show up before any additional blood.
This is not financial advice.
You still need a plan to trade.
Make sure to do your own research and always hit Boost & Comment! 🚀🤗😄👍
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ELON
ELON - ARE YOU STILL HOLDING DOGELON? - CryptoManiac101ELON/USD
Here's a basic TA for ELON - representing current price action and where we need to be in order to be considered 'BULLISH'
Thus far ELON has moved in accordance to our prior TA, but it is taking a bit longer than anticipated for this 'retracement' to play out due to the current market conditions, which is fine
Stay tuned!
SHIB 12 HR Looking like it wants to break up! SHIB has been a runner! Keep an eye on this one because if it breaks above the yellow trend line of this falling channel things can get BULLISH really fast!
All it takes is Elon Musk tweeting a picture of his #DOGE and #SHIB will pump too! LOL! along with #FLOKI
A lot of ALT coins can run hard this week.... Get ready!!! Alt gains are mind blowing and will melt your face OFF!!!
Prepare your Coffee, load up on Monster and or Red Bull!!! LOL!
PRO TIP: Always have BTC.D (Bitcoin Dominance) chart open. When it starts to drop, ALT coins can run better! <---
Good Luck Out There!
$QOMWETH Shiba Predator QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
The live Shiba Predator price today is $1.02e-7 USD with a 24-hour trading volume of $4,162,720 USD. We update our QOM to USD price in real-time. Shiba Predator is up 30.55% in the last 24 hours. The current CoinMarketCap ranking is #381, with a live market cap of $61,291,329 USD. It has a circulating supply of 599,886,333,333,333 QOM coins and a max. supply of 1,000,000,000,000,000 QOM coins.
Tesla’s price has doubled in six weeks, where to from here?Back in October, we made an outlandish call for Tesla to more than halve and fall from $220 down to $100. Four months later, we are both delighted and somewhat saddened to see it came to fruition almost perfectly (although technically it only fell to $101.81, leaving out bear call out of pocket by $1.81 per share). It was nothing personal against the company or Elon, but we simply looked at the data and hypothesised an idea based it. So where is Tesla to go from here?
Incidentally, the stock is almost right back where it was in October and trades at $202.35, having more than doubled and rallied 113.8% in just six weeks.
Tesla (TSLA) weekly chart :
We can see on the weekly chart that the rally from $100 has been string and in a relatively straight line, and volumes rose to a two-year high to show fresh buyers entered the market and bears closed out. However, we’re approaching the broken neckline which could potentially prompt a pullback (or a consolidation), but the strong volume and price action suggests it could eventually break above it.
And whilst a bearish hammer formed two weeks ago, it was followed by a bullish engulfing week with higher volume to show demand at these highs. Therefore, a break below 187.61 assumes a pullback, but bulls may be interested in loading above this key level for a move to the neckline around $225.
Tesla (TSLA) daily chart:
The daily chart shows a small pullback within the range of a bullish engulfing candle at the highs. A small bullish hammer formed yesterday for a potential higher low above last week’s low, and the daily engulfing candle. After-hours trade also see it trade slightly higher. Also note that the 20 and 100-day EMA’s sit perfectly on last week’s low, making $187.61 an important support level for bulls to defend. RSI (14) remain positive above 50, so we’re looking for another burst higher on the daily chart.
• The bias on the daily chart is bullish above $187.60
• We anticipated a move towards the $220 - $225 area (along the neckline, depending on how quickly it gets there), where we may then see a pullback from the broken neckline
• Keep in mind the November high around $237.4 which could also cap gains over the near-term
• A break below $187.60 assumes a deeper correction, where we’d then look for evidence of a swing low around a Fibonacci number or the ‘gap support’ zone’ (at which point reconsider longs, in line with weekly volume and momentum)
FLOKII think this one in the long term might actually be able to do something for a percentile gain..
Think of Shibu but with more hype.
Kimbel Musk is on board with this project, Elon's brother. It's connected to gaming.
I have a small bag of this one.
Beware, this one will get clubbed when BTC continues to sell off once again, I'll mainly be interested in the fact if it can hold this basing stage below in the dark highlighted black lines.
$TSLA chart analysis 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
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Told Ya' ELON Breakout Dogelon is breaking out.
Good size Cup and Handle Breakout measured out with more upper targets
The Dogelon Warriors are reading the scripts published, with the connections to the International Space Station, NASA, and an Organization I can't remember at time of putting this out
Expand Chart, dashed lines are points of interest. And last bull run I swear I saw ELON pump before Bitcoin, saound really weird, but back test it and you will see it happened several times. A pump from ELON then BTC would go up, Made Crazy money pff of ELON Last run, Have my bags full once the 2 dashed lines are broken, and HELD, then not much resistance upward for some killer gains ahead
I do believe we will see a pull Back in ELON and the whole market, Need a higher low then a higher high on a more macro time frame, but still gains to be had here
Tesla - What's next?Tesla Bulls have partied in January...will the party continue?
A measured move into resistance, is now going to test the resolve of the bulls. Will the bears over power Tesla as the yields spike or will Elon announce a Twitter CEO that pumps the stock?
Tune into to our streams to see how we will trade TSLA.