I am sure you pay some attention to global markets, (US) national matters/news.., etc., you may be noticing a growing sense of uncertainty.
The charts seem to be too.
Of course, dramatic news can void any chart 'pattern.'
This isnt necessarily a pattern. It is simply weak. The chart looks week, the only way I would consider it a "bull" market...
TSLA had a major sell off after little news (besides the case being brought against Elon).
We still have an "earnings hype" coming in the next month.
I had this wedge pattern on my TSLA chart for a couple weeks now. We have hit the bottom almost perfectly, but I include the possibility of a further drop to about $221.
This is not financial...
First, I refer you to @Edgy_ 's posts. His videos and TA style is as realistic as you can get. Especially in XRP...
But, I still like to post my ideas! ;)
The way I see it, XRP will take one of the following (twoish) paths.
We can perhaps see this as a bull flag, whose target would be hit (the top black arrow). I doubt we would break past this...
XRP still has a couple(ish) days to decide on its direction.
What's your guess? Comment below. Just for fun :)
This triangle coincides with targets that (for each side) make sense-- perhaps $0.30 to the upside and $0.24 to the downside. Of course, it could go beyond or below both of those, respectively.
Best to wait and watch!
I wanted to publish this idea to show that lower levels are still in play.
Any break down of BTC (see my previous- shorter term- post below) could easily send the price back towards 6,000USD.
I have no reason to believe BTC would go lower than 6,000USD at this time. However, we must still keep this in mind.
**Notice**; however, BTC could go ape...
Hello everyone. I hope your weekend is off to a good start :)
Let me get right to it.
As the title suggests, there is still plenty of room for XRP to go down.
The white line on my chart I have identified as a crucial support line that has been there for months; I shall assume it goes unbroken. We still need to go down and hit that. Fortunately, there is a...
Hello everyone! I hope all is well today.
I noticed, we are in a time where what will happen to BTCUSD (in August) is pretty obvious. As all traders and investors know- it's either up or down!
So-- I have outlined all the possible cases, I expect BTC to follow one of these paths. Share your opinion in the comment section below!
I love doing the TSLA posts as this is the company I cheer for the most (and can easily imagine their success in the future)..
Anyhow, I havent done TSLA charts before where the ideas presented only pertain to one trading day. **Note**: Disregard this chart AFTER tomorrow!
--It is very short term-- chartwise, TSLA is in for a fair move up or...
This is a very risky post for me, the TSLA master, to post... ;-)
All of my TSLA ideas have proven themselves... You can see below.
Let me be clear, this one is the most (in my opinion) aggressive. So, this is not financial advice.
The point is, if TSLA is on a parabolic exit of this downtrend, we will see a high stock price leading up to...
I am sure you have seen the lovely posts regarding XRP with respect its historical chart pattern...
These are lovely charts indeed, and they get you thinking that XRP very well may have a big move by year's end.
Personal opinion: I am leaning towards agreeing that XRP will have a decent move up in the year 2019. This is due to the fact that,...
I decided to take another look at TSLA. This is more of a short-term chart.
What I have outlined thus far....
(1) We are in a small rising channel. A candle close below this channel would be bad for the near term of TSLA... Keep this in mind.
(2) The 10day MA and 50day MA are getting squeezed. The 50day MA has been resistance for the last...
What are your thoughts?
This is a chart to watch closely only for the next 24 hour trading period... All that is in it will be useless after then...
All I am doing here is outlying the two plays I see for BTT and commenting on them. ***Note this all is under the assumption that BTC remains relatively stable over the next couple days***
I apologize for my prior post on Matic (however, none of what I say is an claim that YOU should buy and sell based off it...) Just adding ideas here, as best I can.. I was very bullish there. But, in the last week we saw:
(i) BTC have an incredible move (Yay! :-) ) -- However, as is usual, this leads to liquidation of alts. Matic fell in part to...
Folks, I see so many "short" calls for Tesla on TradingView.
What is going on? Are we thinking this company is just going to have bigger and bigger dips (aka continue to low 100s?)
I certainly believe not.
There are enough (and more everyday) out there believing in the longterm of this company.
Chartwise/technical, we just had incredible bounce off 180...
Cup and handles are rare it seems. So, this is certainly not financial advise, but please keep an eye on Matic for this playing out.
First of all, let me comment on the strength of Matic. It's strong! We traded and closed above the 320 sat mark. Even still-- while most of the market is falling, Matic is holding above this quite crucial level....
Can we talk about Matic?
What a crazy run, right? I saw someone post in late April (when matic was around 100sats)... Their post said "Buy at 50sats."
Holy shit. That's the call of the year.... Had I done this, I would be in Aruba right now ;)
Whatever the case, we have already shead nearly 60% matics value since the top......
Hi Folks! You can see my prior (last week) TSLA idea here .
Not much has changed on the charts except now....
We see the Weekly RSI is almost oversold (go oversold!!!-- aka below my cut off line). What happen when this last happen? Bounce!
What has happen whenever Tesla has gone...
Everything is converging for a STRONG bounce in the coming weeks. I dont see TSLA ever going below 180. In fact, I am a buyer at 200 just to be safe.
Technically, TESLA looks good. Oversold on the RSI. How long has TSLA ever been so oversold? Well, take a look. Almost never.
RSI is hinting at reversal as is the general chart trend.