It's been a long time in the making. TSLA has been bearish for more than two months after a long-term, year long, double-top. We have two months of bearish consolidation and a crash is now fully confirmed based on chart signals.
Back in early 2025, the crash started as usual after a major rise. Full confirmation came in once the action moved weekly below certain EMAs.
Currently, TSLA moved below EMA13 & EMA21 but support was found at EMA34. Two weekly sessions wicked below this level but closed above it showing buyers interest. Everything changed last week and this is the signal that validates a bearish continuation.
Tesla (TSLA) closed last week below EMA34, coming from a major high, for the first time since February 2025, a year ago. Last year, EMA34 was trading much lower yet a crash still materialized. The fact that EMA34 is moving closer to the last top, an all-time high, makes matters worse. It means there is plenty of room for TSLA to move down.
The targets on the chart show a higher low compared to March-April last year. It can happen that TSLA moves much lower this time around since the bearish move has been a long time in the making and due to a double-top. It took an entire year to produce this signal. Since resistance has been confirmed, now the most recent support needs to be tested, which gives us a target of at least 215-230 in the coming months.
At this point, a full breakdown is impossible to avoid. We are about to witness the start of the biggest correction—a bear market—since late 2021. The strongest crash since 2022.
Thank you for reading.
Namaste.
Back in early 2025, the crash started as usual after a major rise. Full confirmation came in once the action moved weekly below certain EMAs.
Currently, TSLA moved below EMA13 & EMA21 but support was found at EMA34. Two weekly sessions wicked below this level but closed above it showing buyers interest. Everything changed last week and this is the signal that validates a bearish continuation.
Tesla (TSLA) closed last week below EMA34, coming from a major high, for the first time since February 2025, a year ago. Last year, EMA34 was trading much lower yet a crash still materialized. The fact that EMA34 is moving closer to the last top, an all-time high, makes matters worse. It means there is plenty of room for TSLA to move down.
The targets on the chart show a higher low compared to March-April last year. It can happen that TSLA moves much lower this time around since the bearish move has been a long time in the making and due to a double-top. It took an entire year to produce this signal. Since resistance has been confirmed, now the most recent support needs to be tested, which gives us a target of at least 215-230 in the coming months.
At this point, a full breakdown is impossible to avoid. We are about to witness the start of the biggest correction—a bear market—since late 2021. The strongest crash since 2022.
Thank you for reading.
Namaste.
Zlecenie aktywne
Today, TSLA is moving below 0.382 Fib, the final support stands at 382 and this one is very likely to break, fast. This will open up 356 (0.5) and 323 (0.618) as the next target. It should all happen in a flash. Some relief is possible at these levels.The weekly chart is as bad as it can get:
It started green and now full red. The week is just too young, which means that a major crash is upon us.
Notice the long upper-shadow and rejection at EMA34. A full blown bearish confirmation. The continuation of a move that is several months old.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.