TESLA about to start a parabolic rally to $600.Exactly 3 months ago (June 06, see chart below) we called a bottom buy on Tesla (TSLA) right when it was trading at $284.70:
The price followed this prediction precisely, got out of the Bull Flag and eyes now a new 4-month High above $368.
This would be a break above the 4-month Ascending Triangle, a pattern we last saw during the stocks previous Bullish Leg in mid-end 2024. As you can see, that break-out delivered the Higher High test of Tesla's 3-year Channel Up at $488.
At the same time we are about to form a 1D Golden Cross, which makes the bullish sentiment even stronger.
As with our June 06, we still expect the price to reach $600 and price a new Higher High on the long-term Channel Up
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Optimus
OPTI Bullish Signs Emerge After Finding SupportOPTIUSD has found bullish support at a price of $0.20 , indicating a potential reversal in its recent downward trend. As of today, April 30, 2024, the token is currently trading at $0.278 .
predicting price targets of $0.388 and even $0.545 . These targets are based on chart patterns and trendlines suggesting a potential breakout from the current price range.
My advice is to conduct your own research before making any investment decisions.
Optimus - Wave 5 begins!!!Dear my friends,
I am studying the Optimus chart based on Elliot wave theory. Admittedly, wave 3 can be said to be quite short. However, as you observe on the chart. Other bright waves have met the conditions of an Elliot wave. The moment we are standing at is exactly the start of wave 5. The ETH Queen has spoken, it's time for Optimus to move. I entered an order and waited to see if Optimus could bring wave 5 to the price range of $0.99?
Really attractive!
Best Regards,
Strong Support, Daily MACD cross, Daily Bullish Hammer 72% WRateFollowed plan for the most part. Daily MACD looking prime for bullish cross to the upside on a double cross over pattern. This is a major area of support from where previously we saw a rapid extension to 0.5 from 0.18. Plenty of upside movement meaning that sellers are wary of stepping in the way and buyers are entering large positions at this point. Today (6th Feb) we are observing the creation of a bullish hammer on the daily timeframe, along with further convergence on the MACD, along with increasing volume. BTC is also displaying signs that it's about to breakout from it's $43,000 price point which will lead to a certain surge to over $45,000 and beyond in the lead up to the BTC halving in March. There is so much attention in this space right now, ETF ads coming to Google/Facebook/etc, and massive retracements in the alts market which will be filled very quickly from any bullish pressure seen in BTC. This is the time to go hard or go home son. You've nailed this.