In-depth trading ideas

Discover detailed market analysis from traders. See how others approach this instrument, compare different strategies, and discover perspectives that can shape your own view.

TSLA/USD Long Trade Idea TSLA/USD Long Trade Idea TradFi ByBit — Higher timeframe convergence, level, bullish formation — Entry: $372 – market buy order — Stop: $350 — Target: $485 Risk per trade: 0.2% of total deposit Position size: 3% of total deposit RR 1:5

by Juliia

Tesla stock analysis based on Elliott Wave Tesla (TSLAX, TSLA) is forming its 5th full wave of growth according to Elliott Wave Theory. Unfortunately, the chart on TradingView is incomplete; it was created based on other sources and then transferred to TV. ABC corrective waves (marked in blue) were most likely formed. Above, we also see an area of liquidity that is more likely to be taken. According to wave 3, we can predict the length of wave 5 to be around 20%. As is well known, stock movements last somewhat longer than cryptocurrencies, and this should be kept in mind. If the price forms a low lower than the start of wave 4, this wave structure will be considered broken, and the price may move downward. Full breakdown on website

by c_views

TSLAXUSDT SPOT

In-depth trading ideas