Sign in

Pedal to the metal

Tesla has put the pedal to the metal with production and delivery of its vehicles this quarter, and shares close the day up 4.43% after a Q1 vehicle sales surge. Shares jumped up 7% initially on April 2 after Tesla shared its strong Q1 vehicle delivery and production numbers, which reported that the company delivered 184,800 vehicles and produced 180,338 cars in the first quarter of 2021. The higher delivery numbers suggest that the company is successfully ramping up production, an issue which has dragged it down in the past, and is now working through the…


BTC WON’T RUN OUT OF STEAM

A wedge that indicated a bullish breakout is on the horizon!

MA50 is a formidable wall of support!

That doji candle in the previous uptrend is a support area!

RSI and MACD will possibly see a step-down to come back with vengeance!

– – – –

JOIN OUR OVER 60 INVESTORS CURRENTLY MAKING HUGE FINANCIAL PROFITS ON TELEGRAM IF YOU ARE READY TO INVEST TODAY!

https://t.me/joinchat/vsUnbHV3p3s2MDdl


BITCOIN – Correction Started! What Next?

As per my last analysis (attached below), the correction started. NOW WHAT?

BTC is overall bullish trading inside our orange channel so we will be looking for Trend-Following Buy setups as it approaches our lower orange trendline.

As per my trading style:

I will be waiting for BTC to approach the blue arrow (area) to look for possible buy setups (like a double bottom , trendline break , and so on…)

Knowing that BTC can still break the orange trendline downward.

In this case, I will be looking for buy setups as it approaches the green arrow around the 50k blue zone.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

~Rich


After six straight months of double digit returns for Bitcoin (BTC), some investors are wondering, is this the start of another 2017-style crypto market rally?

Certainly, Ether (ETH) and many other large-cap crypto assets rallied higher in March, some even outperforming BTC considerably. Yet, amid recent declines in monthly volatility, there are signs an even more significant move may be on the horizon.
Going further, I also put metrics behind the boom in NFT enthusiasm, which has captured the curiosity of millions worldwide — expanding awareness of the crypto asset class.

Key Takeaways:

History Says — March has historically been a less volatile month for bitcoin than February. Contrary to that, average volatility in April has been 99% — making it the most volatile month…

Aiden Gusten

Bitcoin Investor | Cryptocurrency Analyst | SaaS Business Developer | Compliance Associate — FIU Investigator | Associate Editor — CoinTelegraph, Miners Gate

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store