Jonalius

Jonalius

Looking at the 12 Day chart, we can see a crystal clear golden cross on the 12 day timeframe, indicating the bottom is in... Also seeing a nice break above the 50 MA (red line) on this timeframe. Expecting a retest of $31,818 likely within DAYS. September was the most bullish September for Bitcoin since 2016! October will certainly make history in this cycle!

Jonalius

It's not just $SPY... Take a look at NASDAQ:QQQ : NASDAQ:AAPL : NYSE:PLTR : NASDAQ:META : NASDAQ:AMD : NASDAQ:NVDA + POTENTIAL DOUBLE TOP: BITSTAMP:BTCUSD : PROCEED WITH CAUTION IN THE COMING MONTHS... GOV SHUTDOWN, INFLATION, & INTEREST RATES ARE GOING TO BE A SIGNIFICANT HEADWIND FOR ALL STOCKS & CRYPTOCURRENCIES. IF YOU ARE NET...

Jonalius

Heading into the last trading day of September, it appears the bottom is in & bullish momentum is returning to markets We ALSO see clear BULLISH DIVERGENCE developing on the 4H chart. RSI making higher lows, Price making higher lows, signaling the bulls are coming back Do not be surprised if Tesla makes its way toward $267 - $273 in the next 1-2 weeks, a zone...

Jonalius

Taking a look at the 3 Day chart, we can clearly see our golden cross on the 50 / 200 MA remains intact & no death cross has taken place yet to confirm a major bearish structural shift While Studying the past 45 years of the S&P 500, I found one instance in which SPX printed 4 consistently red 3-day candles in a row, SIMULTANEOUSLY AFTER A 3 DAY GOLDEN...

Jonalius

I cannot emphasize this enough... WE CANNOT LOSE THE 426 - 417 REGION OF SUPPORT Expecting a broad market selloff until October But if these moving averages LOSE SUPPORT, WE WILL BE TRENDING INTO DANGEROUS TERRITORY

Jonalius

Jerome Powell seems to have killed the entire stock market in the short term. The stock market & especially NASDAQ:TSLA , is NOT IMMUNE to THE SEPTEMBER EFFECT If $242 FAILS TO HOLD AS SUPPORT & We see NO RELIEF RALLY next week, our next levels of $231 & $204 will come into play in the short term These are my personal buy zones in the last week of September I...

Jonalius

SPY has fallen into a descending wedge pattern of lower highs & lower lows. Will be paying attention to this exact trading zone in coming weeks & months Our worst case is we retest our 200 MA price at $420 before resuming the uptrend Inflation is moderate, Fed's expecting to cut in 2024, have patience, things will get better, but it could be a rough few weeks,...

Jonalius

If Bitcoin fails to regain its 2023 high of $32K & hold this critical level of support... There will be a 40 - 50% correction in price before the halving event takes place in Q2 2024 Worst case is a double bottom at $16K, no lower. THIS would be your final buying opportunity before bitcoin goes soaring in 2H 2024. Have stop orders ready just in case, and have...

Jonalius

Taking a look at the 2 week chart we can see that the $299 price level has served as a critical zone since January 19, 2021 Since reaching our bottom on January 3, 2023. Tesla has been on an unstoppable bull trend of higher highs and higher lows After bottoming at 214, it appears a golden cross on our stochastic RSI indicator is forming, we are currently...

Jonalius

Looking at the weekly chart, the Bull trend remains STRONG & INTACT. We see textbook higher highs & higher lows forming since January 2023. Once 300-314 is reclaimed, our next "higher high" target is going to be 384. Congrats to those who bought the bottom at 212, which we called out here And following Tesla printing its FIRST GREEN MACD CANDLE SINCE...

Jonalius

Taking a look at the monthly chart, it seems a Green MACD bar is printing for the first time since November 2019, proving that bullish momentum is returning to Tesla Stock in the long term What this tells me is a likely retest of the all time highs is coming in the next 6-12 months. The long term future is very bright for Tesla

Jonalius

Look, I'm gonna say it how it is... I do NOT see Bitcoin getting above $100K in 2H 2024 $85K will be the most probable top level around election timing before we get sent into a dark age for crypto in 2025 - 2029 Now is the perfect time to buy Bitcoin and your favorite crypto assets. But understand that we may not reach $100K Bitcoin until 2028 (IF WE ARE...

Jonalius

Taking a look at the RSI, a bottom was formed on August 18, 2023 with a closing price of $26K Price has traded sideways (-0.54% between August 18 & today) BUT the RSI has been gaining strength This is TEXTBOOK BULLISH DIVERGENCE AT PLAY Would not be surprised to see a rally in coming weeks as CPI PPI & FOMC pass by us

Jonalius

Daily RSI has been gaining bullish strength however price has remained relatively dormant. Could See a possibly short lived short term rally to $0.074 - $0.08 according to fib levels and trendlines However do NOT expect any major moves to the upside until Q2 2024 with the Bitcoin halving

Jonalius

As we can see, the 50 Daily moving average is proving to be a tough resistance area for Tesla stock in the near term. Which is around $261 as of writing. The RSI is also stalling, showing that price may not make a new high for a little while here However, we can clearly see a Bullish flag pattern forming just under the 50 DMA zone, time will tell if we confirm...

Jonalius

The 1 month Stochastic RSI has just closed a death cross, similar to our 2019 fractal pattern which was then followed by the covid crash However this technical pattern suggests that turmoil may be ahead before things get really better, BTC is still a great buy despite the challenges that may be ahead, however I strongly suggest holding CASH ON THE SIDE IN CASE OF...

Jonalius

Taking a look at the weekly chart, a golden cross is about to form on the stochastic RSI indicator, potentially setting Tesla Stock for a massive rally in coming months to take us to all time highs We know September is historically a slow month for the stock market where the indexes are either flat or down. So will watch price action during the next month But,...

Jonalius

As we can see, QQQ has been struggling with the 372 Level since March 2022, with a major test coming following this rally with the JOLTS data coming in lower than expected Here's what we got playing out in our favor: - 3 Day Golden Cross on our 50 / 200 MA indicator - 3 Day Stochastic RSI Golden Cross - Bullish Engulfing Candle about to close after the trading...