Next half a year Tesla stock NASDAQ:TSLA is looking to go down to around 250 per share.
The flag is in the making. If it breaks out of the flag it would be a very good to trade it to the upside.
After the recent spike up we will hopefully see a flag before Ripple BITSTAMP:XRPEUR moving higher.
ETHUSD has experience a lot of gain lately and moved into all time high territory. I believe that we will now see a downtrend for Ethereum the next couple of days / weeks. I think that it will be a good idea to trade XPRETH since it has just bounce back on a major trendline.
Flag in the making and we will see COINBASE:LTCUSD fall down to around 200 maybe even more.
Currently a lot of people post charts of Litecoin going to surpass 290 and above. However I don't see the same picture. Right now LTCUSD is in a minor correction to the upside. With the current mini flag in the making we can hit $280. But in general I'm not too bullish on Litecoin. For Litecoin to go back to the $400 area it needs to break the major downtrend...
It seems a bit too early for Cardano ADABTC to take off, but it might already go to the next level.
With a H1 flag in the making it will not take long before we see ETHUSD breaking the $1000.
Short term trade to the upside
I believe that the fall of BITCOIN is not over yet. We are continuing to see flags and I think that we will get down to 9000$ within the next few weeks. This is supported by and decreasing market cap of BITCOIN and people moving into altcions instead, with RIPPLE BITSTAMP:XRPUSD as the most popular.
This is a very solid trade signal we just had. I will now ad to my Ripple position because this will definitely go to a new high within the next few hours.
We have a nice flag on XRPUSD . If it breaks out of the flag I expect it too break the top and continue to new all time highs.
If we break the flag then ETHUSD will hit the 900 mark.
The price has broken out of the 1 hour big flag. I suspect XRPUSD to move even higher very soon. I will not be surprised to the price going up to 1.5 within the coming weeks.
We had a correction, now we will move up to break the top.
If it does break the trendline then it will most likely go to the next trendline.
Now BITSTAMP:BCHUSD will see a correction down to around 2950 and 2750.