Tesla / TSLA is on the 2nd straight green 1week candle, crossing above the 1week MA50.
With the 1week RSI bouncing on the 2 year Rising Support, the Channel Up has technically formed its new bottom.
Both the current and the previous one were formed on the 0.618 Fibonacci retracement level after a -55% decline.
If the bullish wave is also as similar as the bearish waves have been, the price should reach as high as the -0.382 Fib extension.
Buy and target the top of the Channel Up at $600.
Follow us, like the idea and leave a comment below!!
With the 1week RSI bouncing on the 2 year Rising Support, the Channel Up has technically formed its new bottom.
Both the current and the previous one were formed on the 0.618 Fibonacci retracement level after a -55% decline.
If the bullish wave is also as similar as the bearish waves have been, the price should reach as high as the -0.382 Fib extension.
Buy and target the top of the Channel Up at $600.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.