sethsalazar70

sethsalazar70

Tesla will continue its bullish run into earnings, with a over reaction from retail traders tesla will be forced to have a pullback

sethsalazar70 Updated 

To the chart... We are currently sitting at the $140 range which is a high volume area and is the support area for our descending channel and wedge, if we break this support we could head down to the $117 or even the $100 range. Now if we can manage to hold this support and break the $150 resistance we should have no issue bouncing upwards to the $180 range....

sethsalazar70 Updated 

Heres my Elliot wave count for TQQQ We may go lower tomorrow then a hard bounce to fill the gap, now this resistance has been hit 4 times.. If we hit it again theres a good chance we could break it and that would take us up to around $24.5 range, resistances get weaker the more times they are hit so watch for breaks and volume. If we Fill the gap with a hard...

sethsalazar70 Updated 

Please take a look at my last post, we talked about this massive fake out. Elliot wave: We completed our wave 4 retracement (flat). We are currently in the wave 3 down, looking for a wave 4 retracement, keep in mind we are in a overall downtrend so wave 3 can be easily extended. Indicators: TSV is showing decreased selling volume MFI hit...

sethsalazar70

Hello traders, these are my 2 Elliot wave counts for SPx , one bearish the other bullish . Both are still in play. I think its very important to stay opened minded. Bears no need to stay overly bearish.. Look im a bear.. but its hard to deny spy looks very bullish at the momment.. dont trade against the trend.. yes spx will pull back every uptrend does. We are...

sethsalazar70 Updated 

Hello traders, these are my 2 Elliot wave counts for SPX, one bearish the other bullish. Both are still in play. I think its very important to stay opened minded. Ill be honest both scenarios make since to me. I can see the bullish scenario to create a massive short squeeze, on the other hand we are still in a bear market with earning starting to roll out. Just...

sethsalazar70 Updated 

lease check my last post, we are right on track. To keep this brief: Elliott wave update i changed wave 5 to 3, i believe we are in a temporary corrective phase and targets are posted. The 38% is my target area at gap fill, most likely a flat correction Currently we are at resistance attempting to break, we broke through the $17.40 level but watch for a...

sethsalazar70 Updated 

Please check my last post, we are right on track. To keep this brief: Elliott wave count unchanged, i believe we are in a temporary corrective phase and targets are posted. The 50% fib level and the 61% Currently: We broke support @ $129 and now we are retesting it, our next level of resistance is $134. We have downward trend line that holds a lot of weight...

sethsalazar70 Updated 

Please check my last post, we are right on track. To keep this brief: Elliott wave count unchanged, i believe we are in a temporary corrective phase and targets are posted. The 50% fib level and the 61% (Mentioned in my last post) Currently we are at resistance attempting to break, spy looks very bullish at the momment, macd cross at the 0 line TSV are showing...

sethsalazar70 Updated 

We expected a bounce... this big? honestly no. The gap fill was my original target @ $18.81, it hit and acted as resistance then broke through. We are currently sitting at resistance @ $20.21, i believe monday will be a red day considering some of our indicators are bearish. If we drop down to the $18.81 expect a bounce, i believe we will try and test the...

sethsalazar70 Updated 

I Believe monday will be bearish, what happens after monday is up to the market makers.. But here are some things to look for. I Believe this is a correction rally, without the fed pivot i don't see us moving into another bull market. We are currently sitting at the MASSIVE year long downward trend line which has held up to this current situation, We may break...

sethsalazar70 Updated 

Short Term - Tesla Could continue a small rebound to the $146.65 range Midterm - Tesla looks Terrible, We are currently trying to break resistance at $127.17, if broken look for $147 as your next target. We found support at the $100 range, If this level is broken with follow through... Watch out below... We will split the market, free fall down to the $65 dollar...

sethsalazar70

Look maybe I have been staring at charts for too long but in this bear market it seems like when BTC pumps over the weekend it peaks and its followed by a blood bath the following week.. look at where we are on the vix...

sethsalazar70 Updated 

Look i am not trying to kill the buzz here but i think without question bitcoins buying momentum has stalled...Wait.. Im not saying the rally is over but your risk to reward ratio is bad up here.... if it pumps let it go.. Look to buy around the $20,000 - $19,500 Thanks God bless

sethsalazar70 Updated 

Hello traders as y’all know ETH has had a explosive move to the upside without much resistance… that being said it needs to pull back in order for it to continue higher, I believe ETH will fall to the $1420 range and at that point the market will have to make a decision to either continue the rally or fall back into bearish continuation. If broken I believe we...

sethsalazar70 Updated 

Cardano got rejected off the .37 resistance, we are currently finding support at the .33 range. If we break the resistance at .37 our next target is .41 Our supports are sitting at the .30 and .32 range, we need to hold this level if we want this rally to continue. If broken we will free fall down to the .26 range due to low volume gap. Indicators are...

sethsalazar70

Keeping this short, this is a big picture on where i think we are. 2 different scenarios and i think both are very possible, If we go higher it would be a perfect short squeeze, if we go lower no surprise we are in a bear market. Thanks God bless

sethsalazar70

BTC is gonna drop today at market open, tripple divergence on MACD and TSV. Buyers exhaustion, i dont think this is the end of the fools rally.. I believe we will go higher but short term take profits