My prediction influenced by the Elon-Zucker fightSo I'm sure you've all heard about the Elon -Zucker fight that is now being hyped up and seeming more and more like it is actually going to happen.
This leads me to believe that this a DEFINITE influencer on Tesla stocks as well as the chart patterns looking good for a quick little shooting climb up hype mountain... So far since market opened, my trades in the win!
Tesla
$TSLA - The ONLY CHART you need to know for the long term!Monthly chart is everything long term. TSLA has finally forked off its previous rising channel since IPO. Now, it has created a new channel. This is extremely bullish since it is just the start! Squeeze mod and MACD is also curling to a bullish long term run.
TESLA One last push possible before August correction.Tesla has started yet another week on a green opening, making a new 2023 High.
The price is approaching Resistance (1) at 315, which is a little over the Falling Resistance from the November 2021 All Time High as well as the 0.786 Fibonacci level.
Be prepared for a correction around that juncture.
Trading Plan:
1. Buy on the current market price.
2. Sell on the 0.786 Fibonacci level at 307.
Targets:
1. 307 (0.786 Fibonacci).
2. 245 (0.618 Fibonacci and Rising Support from the market bottom).
Tips:
1. The RSI (1w) just touched the overbought level (70.00). As with the Feb-Apr correction, it technically requires a pull back to the MA line in order to get normalized. That can be an additional buy signal for you.
Please like, follow and comment!!
TSLA Forms Bullish Expanding Channel, Targets Breakout above $35TSLA has formed an expanding channel on the weekly timeframe, indicating potential bullish momentum. Currently, there is a bullish rally approaching the daily resistance and the upper boundary of the channel. Once the price reaches these levels, it's crucial to monitor closely for signs of either a breakout or a reversal in the price action at these key levels.
Should TSLA manage to break out above the daily resistance and the upper boundary of the expanding channel, it could trigger a significant rally to the upside, potentially surpassing the $350 mark. Traders and investors should keep a watchful eye on these price levels to make informed decisions based on the evolving market structure and price behavior.
TSLA SMA Cross Signals Growth Opportunities - Time to Invest!Exciting News! TSLA SMA Cross Signals Growth Opportunities - Time to Invest!
As a fellow Tesla enthusiast, I couldn't wait to share the latest developments. Brace yourself for profound positivity because Tesla's future is brighter than ever!
You might have heard about Tesla's exceptional performance recently, but let me clarify the specifics. Tesla has been ramping up its production, delivering more cars than ever, and exceeding expectations. This remarkable growth has caught the attention of many investors, and rightly so!
Now, here's where it gets even more enjoyable. As Tesla continues to deliver more cars and increase its production capacity, we can expect a significant technical indicator to come into play - the TSLA Simple Moving Average (SMA) cross. For those unfamiliar with this term, it's a powerful tool to identify potential shifts in the stock's momentum.
With Tesla's expanding production, the TSLA SMA cross will likely signal an upward stock value trend. This means now is an opportune time to consider investing in TSLA stock. By taking advantage of this growth opportunity, you could be part of Tesla's remarkable journey toward a sustainable future while reaping the benefits of a potentially profitable investment.
So, my dear TSLA fan, I encourage you to seize this moment and seriously consider investing in TSLA stock. With Tesla's unwavering commitment to innovation, sustainability, and pushing the boundaries of what's possible, the potential for long-term gains is genuinely remarkable. Don't just be a fan; become an investor and be a part of Tesla's incredible success story!
If you need help getting started or need further information, please comment.
Wishing you an electrifying future with Tesla,
Tesla POPRisk assets have been getting absolutely clapped in the past few weeks. However Tesla has been moving down a bit too quickly, and might see some relief into the golden pocket.
We have a few potential catalyst's coming up, earnings being one, but most importantly the interest rate hike decision which may help propel risk assets to get some relief.
Last time Tesla dumped aggressively, it pumped right into the CC before heading lower.
Only time will tell.
Tesla -> What About This?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock perfectly retested and already started to reject a major previous weekly structure area roughly at the $260 level.
You can also see that Tesla didn't retrace all the way back to the 0.382 fibonacci retracement level which is always the first strong support level after the recent massive pump so there could be a chance that we will see another short dip and then even more bullish continuation.
On the daily timeframe you can also see that Tesla just created bearish market structure by breaking the previous low towards the downside, however Tesla stock is still looking strong so I am also waiting for a short term daily drop before I do expect another bullish impulse leg.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TESLA Has one last pullback before the 2021 Resistance testTesla is rising today but remains on a pull back sequence after it hit the top (Rising Resistance) of the 2023 'Recovery' Channel Up.
This sequence can be extended until either of the two following conditions are met: the 1day RSI reaches 50.00 or the price hits the 1day MA50.
In either case buy and target the Falling Resistance (that dates back since November 4th 2021 and has two rejections registered) at 285.00.
You can extend buying only after the 315.00 Triple Top Resistance breaks.
Follow us, like the idea and leave a comment below!!
GRIMACE/USDT 4H. New doge incoming. Idea + Chart.Hello everyone, in this idea i will try to share the ideology of Grimace and also we will look at chart. LFG.
Grimace is the new coin which was recently listed on MEXC. The ideology of the project is very promising and here's why:
1) Big community(over 30k people community).
2) Potential Hype with McDonalds(Think about it).
3) New project(big potential for pump).
Now let's move a bit to the fundamentals of the token. Once upon a time McDonalds had a "beef" with Tesla, in which it was decided, that McDonalds starts to accept Doge as a payment only if Tesla starts to accept Grimace.
From that moment on people started to create Grimace Tokens, chasing the hype, but no one treated it as serious as Odyssey...
This is the only Grimace token with over 2 millions $ capitalization. The huge work is being done in social networks. And the CEO is building hard. It's an open information.
Now let's move to the chart. The full chart can be found on dexscreener. Mexc contains only part of the full chart.
At the start of trading history we saw a little pump, after which the correction started. The price dropped down 66.14%(66/4) and reached 4.666$ price(exact numbers on MEXC).
Something similar was on Apt chart at the listing. Pump at the start, then drop 66%, a little accumulation, final capitulation and then pump 500%+ in 30 days.
After reaching 4.666 mark accumulation channel started to form, exactly as it happened on APT chart. Now, on Grimace, the channel is forming for 12 days. The amplitude is 72% for the "wide" channel and 42% for the "inner" channel.
You might also consider that there might be a manipulation to collect the liquidity. In this case, as almost on every coin, it's about 25% potential drop below support zone - this will be enough to collect the paper hands. Hence it's about 3.5$ to be reached potentially(shown on chart).
But it might also not happens. Only if market gives an opportunity to do so. Though at the beginning of trading history you, as MM, ain't interested in dropping price too low and giving people the opportunity to enter the market at cheap prices.
You might also notice on chart that the downtrend line was formed at the start. Recently it was broken up and now the retest is taking place(shown on chart). The volume is starting to come in right now.
Potential Double bottom might form with the base of 72%.
Consider also the next thing - MM moves the price according to the market cycles(best case scenario), so he's not interested in pumping price "tomorrow". And probably he is not interested in giving money away just for free. So be patient and use ur own head. DYOR.
Thanks for reading till the end guys. Long time no post, but coming with fresh thoughts. Profits to all.
The potentials here might be taken conservatively. ATH as the potential target. 13-15$ range. Then it's an open space, but relying on Fib, the target of 23-25$ zone might be also mentioned.
Potential support zone also shown.