Jonalius

Jonalius

Hello friends, looking at the weekly chart of Tesla today, we can see the trend has continued to play out in the bull's favor, today I wanted to bring some good and bad news regarding Tesla Stock Bad news first, (Not pictured) The Daily RSI is approaching overbought levels, proceed with caution around the $220 - $232 range respectively as we may see a short term...

Jonalius

As we can see on the Daily timeframe looking at the RSI & MACD, $BTC is beginning to show signs of a pullback in the cards to the $18K - $21K Region around February 13. As long as $BTC can hold in that price range of $18K - $21K, there is no need to worry The Daily Chart is showing a Golden Cross forming for the first time since September 2021, which is good for...

Jonalius

Looking at the Monthly chart of the Stochastic RSI, we can see $BTC slowly recovering & getting ready for a massive move up. The price target before you outlines a scenario based on historical data: During The Great Bitcoin Bullrun of April 2019 - March 2021, Bitcoin moved 1000% in just 700 Days We decided to outline the small possibility of another 1000% move...

Jonalius Updated 

Looking at the weekly MACD & RSI, we can see they have been consistently gaining strength while price action moved down. It is possible that October may have been the BOTTOM of this market correction however it is way too soon to tell, & we need time to continue along as we see markets digest rate hikes, earnings, CPI, etc... While everyone and their...

Jonalius

Comparing price action to 2019 on the weekly chart, we can see in the green circles that the weekly RSI bottomed before going on to start a massive 300% rally in the months ahead. That type of move today in that exact same timeframe would cause Tesla to rally to $650 from July 17 ($234) to October 2023 (New ATH). I believe this or a similar pattern is possible...