As a wise man once said, "stock price is too hight imo".
My idea is that we'll see the price going back to the strong support level at around 580$ per and then going back on the bullish trend, given that TESLA is making more and more plans on "taking over the world".
Just an informative chart with most probable support/resistance levels.
Investors are watching for confirmation since today's price is basically a discount deal. We are one green strong green candle from a rally.
Not a financial advice. Just observation.
Vague - yes. If you want to see more of my insights, feel free to message me!
Congratulations for everyone that managed to jump in at 4.5 level. More to come.
With the current OIL situation, this position became more interesting for a lot of investors due to its volatility. This sideways motion is probably caused by a lot of 4.5/6 investors selling off for already huge profits (70-100%).
(Selling caused by current OIL market uncertainty)....
Classic double bottom formation. Strong support. Production cut. After panic sell-off. Holding the price despite low volume.
Bull run is ahead of us.
Not financial advice.
Looking form a distance it seems like we are about to repeat a history. I wouldn't even look at RSI since it seems to have no correlation with the price thb (in smaller TFs). But other than that, we might be seeing a major moves from BTC as those in 2018 rally. Except this time I am pretty convinced we'll see next monthly candle way above 20K mark.
BTC proved...
As my last analysis was pretty close to the outcome, I think we have a shot at 1450 today, but first we're gonna experience struggle between 1430/1440. Hope we can close monthly candle above 1460. That would ensure some pretty gains at the beginning of July.
Marked areas are a sneak peak at my personal entry and exit. However, I will now wait for a monthly candle...
As the EMAs formed perfectly for another pump, I think we might go over 11 000 and further in upcoming hours/day. Pump patterns are repeating, so I suggest looking out for spikes in volume - as it will indicate start of the pump (I recommend smaller TF like 15 minutes). Cheers.
Once again, it is not a financial advice. You do you guys!
It's coming faster than I expected. Current level will become a support as GOLD will find new high at 1450/1470 in upcoming hours/days (can't tell yet).
My markers are looking 10/10. I will stand by it. Cheers. And good luck bears. You are going to need it. :)
Not a financial advice. GL!
As my last prediction was spot on I have faith in my next one. I belive GOLD is going to keep struggling at current level of -/+ 1400$ but eventually it's gonna break out and find a new high at around 1450$. SMA and EMAs are looking good - same as before previous breakout. We may look at a start of a loooong rally or pullback before it. Either way I am really...
I belive in triangles folks. I also belive GOLD is going to drop to around 1340 and rapidly bounce back while setting new support at +/- 1350. Either way, I'm shoring now on the dip, and will buy once it hits 1340 level.
Either way, listen to yourself. It's just a thought. Cheers :)
