The monthly movements of Tesla's stock continue to reflect persistent downward pressure, with a decline of just over 10% since the beginning of March, showing steady selling interest. The bearish sentiment has remained in place as growing discontent over Elon Musk's political positioning has damaged the brand's image, while concerns over a potential trade war have raised fears that Tesla’s international sales may be negatively affected. Bearish Channel: Currently, the most important formation on the chart is a strong bearish channel that has remained intact since the final days of December 2024. So far, recent bullish attempts have failed to break out of this structure, reinforcing the broader bearish bias in the long-term outlook. MACD Indicator: The latest movements in the MACD histogram have started to show a notable decline, indicating that momentum in the moving average trend may be fading in the short term. This is likely due to the price reaching the upper boundary of the bearish channel, where resistance remains strong. ADX Indicator: The ADX line is currently trending downward, hovering just above the neutral 20 level. As this pattern continues, it reflects a lack of strength in recent price movements, pointing to growing indecision, which in turn reinforces the current resistance zone where the price is consolidating. Key Levels to Watch: $290: A significant resistance zone, aligning with the top of the bearish channel and the 200-period moving average. Sustained buying above this level could threaten the current bearish structure and signal the start of stronger bullish pressure. $220: A key support level, representing the recent lows in the stock. A clean break below this zone could confirm a stronger bearish trend, opening the door for more aggressive selling in the sessions ahead. By Julian Pineda, CFA – Market Analyst
COINBASE:BTCUSD is continuing its bearish trend after rejecting from the resistance level within the descending channel. The price formed a converging triangle at this level and broke out to the downside, confirming strong selling pressure. If sellers maintain control at this level, we could see a drop toward the $78,000 level, which aligns with a key support level. This zone could serve as a short-term target within the current bearish market structure. However, failure to break below this support zone could invalidate the bearish outlook and signal a potential rebound. Traders should monitor bearish confirmation signals, such as weak pullbacks, lower highs, or increasing selling volume, before entering short positions. If you agree with this analysis or have additional insights, feel free to share your thoughts here!
I have explained everything on the chart....can't be bullish for the time being, except for some rallies in a downfall....Whales will step where JPow said the famous words, Inflation is no longer transitory....Honestly the sooner we get here, the better....but it could take a few weeks or by the middle of this year.....if the market goes again back up for a double top, the fall will be even more painful.....but markets are all about creating maximum pain for bulls and bears....
? PI – Potential Head & Shoulders Pattern Forming We may be seeing a possible Head & Shoulders structure on the chart — a classic bearish pattern. If the neckline breaks, this could trigger a downside move, so watch closely for confirmation! ⚠️ Not confirmed yet — stay alert and manage your risk. ? Key zone: Neckline support area. ? Follow for more updates and live trade setups
At present, it seems that the situation for the bulls is promising. However, the market is not necessarily so. This kind of behavior to induce more long positions is quite normal in the market. Market makers often operate in a strategic way. After they have reaped the profits from the bulls, it's highly likely that the next target will be the bears. Looking at the gold market specifically, the price of gold is currently at a high level and is bound to decline. This frenzied bullish trend simply cannot be sustained, and this is an inevitable outcome. The current gold price has seriously deviated from its normal track. One could even say that it has completely derailed or "strayed from the norm". Such a situation is clearly unreasonable, and a return to a reasonable level is inevitable. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
We hit the Wall Street sell signal with our friends in the sales channel and so far we have achieved the target of one to nine. @SEED_G88
ETH is doing what XRP did in 2017. Buckle up folks. Spaceship is about to lift off.
Gold is sitting within a consolidation near the ATH. We are expecting a range break to give us a great opportunity next week. Share with someone looking to learn ?
ENTRY NOW ($83.650) SL: $83090 TP: $85300 This is not a financial advise.
I sure hope all of you were able to profit from this big selling trend today. And I also hope you didn't get trapped in the potential for a base/bottom rally off the recent lows. This move downward reminds me of the 2022-2023 downward trending pattern when the Fed was raising rates. What Trump is doing with tariffs is very similar. It is slowing the economy in a way that will not break it - but it will result in slower, more costly, economic function. Watch this video and I sure hope all of you have great (profitable) stories to share with me today. I know I do. And, I'm positioned for the weekend. Ready to profit no matter what the markets do. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver