As you can see we arrived to an interesting part of TESLA price...
We have recently seen a huge rise in the price of the Tesla, which is almost looks like a bubble.
However, there are several signs that this rise is over and the correction is beginning. At the H4 time plane, peaks have already begun to decline and there is a narrowing of the exchange rate from which a huge movement is expected in either direction - as the uptrend has been going on for quite some time, a depth correction is likely to follow first to Fibo 61.8 , if calculated from the H4 correction.
The other option is that the correction doesn’t go deeper, bursts up again, and Musk remains the richest man in the world.
We have recently seen a huge rise in the price of the Tesla, which is almost looks like a bubble.
However, there are several signs that this rise is over and the correction is beginning. At the H4 time plane, peaks have already begun to decline and there is a narrowing of the exchange rate from which a huge movement is expected in either direction - as the uptrend has been going on for quite some time, a depth correction is likely to follow first to Fibo 61.8 , if calculated from the H4 correction.
The other option is that the correction doesn’t go deeper, bursts up again, and Musk remains the richest man in the world.
