Price rejected at the white frequency line. We are definitely seeing sideways movement with no signs of being bullish at this point. My hypothesis is that the price will follow the yellow trend lines. Red line has acted as good support and if the price pierces it, bears are in control. If you find my analysis useful and helpful, please do consider subscribing and...
Frequency line and trend line intersect at around USDT 0.24157. This is where seller might get exhausted and we see price bouncing back up. If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps me stay motivated. For any questions or comments, do let me know! -- For educational purposes only. Do your own...
We are hitting a solid support and can see NIO bouncing till $53.8. Sellers are exhausted and that might mean buyers taking control. Keep an eye on the volume though as the movement to $53.8 might not be a confident/ sustainable one. Avg. volume has been low. If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps...
There are two clear Elliot Trend Waves. Both waves suggesting that we are heading towards consolidation/ correction. At the same time, the Pitchforks are being respected perfectly and so one can expect the price movement within these boundaries. For now, I am waiting and watching. If you find my analysis useful and helpful, please do consider subscribing and...
Pitchforks suggest that we are moving nicely in a downward trend and soon hit two strong supports (blue line and the red line). Look for an entry signal and go Long thereafter. -- For educational purposes only. Do your own research before making investment decisions.
Clear trend following the Green pitchform lines. Bullish. If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps me stay motivated. For any questions or comments, do let me know! -- For educational purposes only. Do your own research before making investment decisions.
As long as the price stays above the dotted-green "trendline" (Pitchfork 0.5), we are Bullish. Consider $35.50 as the next resistance. If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps me stay motivated. For any questions or comments, do let me know! -- For educational purposes only. Do your own research...
The purple median line has acted as a solid resistance in past for Tesla. Given the negative feelings around Elon Musk's recent announcements, along with the general downward trend on growth stocks, I see TSLA moving down from the marked median. If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps me stay...
$PLTR 30 mins and daily charts suggest the price is currently at a critical median level. The price is *also* near resistance at around $20.15. Wait for confirmation to take either short or long. One thing is clear though, we are about to see who is going to take over the control, Bulls or Bears. Happy trading! -- For educational purposes only. Do your own...
No reason, for now, to see Bulls taking control. Clearly following the trendline of the Pitchfork with bears in control. The support levels are highlighted but have not been tested before. I am bearish in the short term for now. -- For educational purposes only. Do your own research before making investment decisions.