TSLA REACHING LEVELS OF RESISTANCE
Good Morning Traders,
I wanted to touch base on TSLA
We see it had made a very nice move of 72% to the upside.
However, It is not testing its Monthly level of 209.47 which acted as very good support throughout the whole range from Jan 2021 to Oct 2022.
Not only is the monthly level important resistance, but TSLA has also reached its 0.618 fibonacci Retracement level, combined with yesterdays (feb 16) bearish candle close.
With all these factors in mind, we can deduce a high probability trade set-up to the downside.
My last target being 64.41...
I'll probably get alot of hate from TSLA maxi's, but in my next update, I want to show you how we still in a very bullish trend.
I look forward to seeing TSLA meet much much higher targets in the future :)))
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
I wanted to touch base on TSLA
We see it had made a very nice move of 72% to the upside.
However, It is not testing its Monthly level of 209.47 which acted as very good support throughout the whole range from Jan 2021 to Oct 2022.
Not only is the monthly level important resistance, but TSLA has also reached its 0.618 fibonacci Retracement level, combined with yesterdays (feb 16) bearish candle close.
With all these factors in mind, we can deduce a high probability trade set-up to the downside.
My last target being 64.41...
I'll probably get alot of hate from TSLA maxi's, but in my next update, I want to show you how we still in a very bullish trend.
I look forward to seeing TSLA meet much much higher targets in the future :)))
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
Nota
TSLA /USDT #SHORT 🩳 Exchange: NASDAQ
LEVERAGE : WHATEVER FLOATS YOUR BOAT
ENTRY 195.77
TARGET 1: 168.00564
TARGET 2: 146.20932
TARGET 3: 130.90000
TARGET 4: 115.59068
TARGET 5: 96.64864
TARGET 6: 66.03
STOPLOSS: 249.55
Use 2-3% Max of Funds Only
Nota
Please see my macro view of TSLA, as it is still forming very bullish market structure in the Weekly tf.
It is very much respecting its ascending price channel
My ideal buy area, which I will be filling a very very hefty bag, is $64
:)))
Nota
Traders!I love analyzing any type of chart! (Stocks, Crypto, Indices, Bonds, etc)
Please do send me a request!
It would be such a pleasure for me to analyze it!! <333
Nota
Hi Guys!tradingview did not publish a very good image on my Daily TSLA chart, so here is an optimized version of it!
I hope it helps you in your trades! :))
Nota
TSLA has made numerous failed attempts to break above the monthly level of 205.68 Target for price would be the gap from from Jan 26.
Which is from 145 to 154
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