$TSLA & $PLTR Weekly Update, featuring $COIN $HOOD $SATL $CIFR $CLSK

Tesla and Palantir Weekly Update

Tesla Analysis

• The update begins with a focus on Tesla, analyzing the linear scale chart from the 2024 top to the April bottom of last year.

• Support at the 429 level has been consistent, with price stability observed above this mark. A liquidity grab occurred below this level before a positive bounce.

• Resistance remains unbroken at 457.27; for four weeks, Tesla has traded within the range of 429.84 to 457.27 without breaking out.

• The Ichimoku conversion line is currently acting as resistance at 449.96; a break above 450 is necessary for bullish sentiment to strengthen.

• Future targets include breaking through resistance levels of 450 and 457.27, followed by potential moves towards 488 and then into the 560s.

Palantir Insights

• Transitioning to Palantir, the log scale Fibonacci level at 157.62 is holding strong; however, price did not reach this level but came close at around 161.

• The analysis suggests that Palantir may need more time to build a base before attempting its next upward movement; consolidation is expected in this phase.

• The price has not touched the weekly moving average since it broke out in early 2023, indicating prolonged consolidation after significant gains.

• Price action remains stuck between key zones (175 -178), suggesting further consolidation until it can break through these resistance levels.

• Anticipation exists for price movements toward the cloud indicator before making higher moves; patience is advised as it approaches critical support levels.

Coinbase Overview

• Discussion shifts to Coinbase, where negative sentiment prevails among investors despite its history of higher highs and lows in pricing patterns.

• Current focus is on finding a higher low from previous years; resistance around the zone of 245.66 indicates potential downward movement before breaking through.

• A recent weekly candle closed below key support (230.55), hinting that further declines may be necessary before any upward momentum resumes.

• There’s mention of a gap fill target around $2072 from May's closing prices, which appears increasingly likely given current market conditions.

This structured summary encapsulates key insights from each segment while providing timestamps for easy reference back to specific points in the discussion.

Market Analysis and Predictions

Liquidity and Market Trends

• The market may require more liquidity down to the 19727 level, which aligns with the bottom of the twoe cloud, indicating potential support.

• Historical patterns suggest that if the market retraces to this level, it could lead to a significant bounce similar to March 2025 after breaking out of the twoe cloud.

• Despite a downtrend since July on lower time frames, the macro trend remains bullish; accumulation is favored as lower prices improve risk-reward ratios.

• Until key resistance levels (24566 or 23055) are flipped back to support, consolidation within this zone is expected, possibly leading to further declines before recovery.

• A sentiment reset is underway; once a higher low is established within the twoe cloud range (245 - 197), upward movement towards all-time highs may resume.

Robinhood's Consolidation Phase

• Robinhood remains in consolidation following a breakout; questions arise about whether it will retest previous highs around $85 or continue sideways.

• Comparisons are drawn with Palunteer's trajectory; Robinhood has touched its 50-week moving average twice but may not need a third touch at $93 before advancing.

• Weekly candle closures above critical levels indicate potential for continued upward movement unless significant drops occur below these averages.

• Current price action suggests sideways consolidation until closer proximity to the weekly cloud allows for higher movements without immediate bearish implications.

• Monitoring key levels will be crucial; maintaining above 10627 could prevent deeper corrections while still allowing for necessary liquidity adjustments.

SATL's Recent Performance

• SATL has experienced notable growth over three weeks, showcasing a V-shaped recovery after reclaiming lost support levels from earlier breakdown points.

• Closing above significant resistance at 410 indicates bullish momentum; this marks an important shift as prior attempts failed since May 2022.

• The recent close above another major resistance at 522 signifies strong bullish signals and sets new targets for maintaining support in future trading sessions.

• The breakout past multiple indicators suggests sustained upward momentum; however, excitement should have been tempered until confirmation was achieved last week.

Market Analysis and Key Levels

Importance of the 50-Week Moving Average

• The price was backtesting the 50-week moving average as support, which set up for a significant 47% candle this week. This indicates strong bullish momentum in the market.

• There is speculation about whether the price needs to retest around 410 or lower before continuing its upward trajectory, as this level represents a major resistance zone prior to breakout.

Monitoring Key Resistance Levels

• The level at 522 is crucial; if it can hold above this mark, it may prevent a deeper pullback and allow for further movement towards 665 and beyond. This suggests a healthy bullish chart setup.

• Even if there is a drop back to around 410, it could present an opportunity for accumulation before aiming for higher targets like the 660s. This reflects confidence in long-term growth potential.

Cipher's Weekly Candle Close

• Cipher had a notable weekly candle close, breaking out above key indicators such as the conversion line and arc, indicating strong upward momentum. It successfully backtested these levels, reinforcing bullish sentiment.

• Maintaining support between the low 1730s and mid-1640s will be essential for continued upward movement towards the target of 4206, suggesting that these levels are critical for future performance.

CLSK's Recovery Potential

• CLSK has shown significant recovery after a breakout followed by a substantial backtest; currently stabilizing above the important level of 1258 which serves as both previous resistance and support zone now being regained.

• Closing above key levels including the blue GAN level (1365) indicates positive developments that could lead to further gains towards targets in the mid-to-high teens (15s and 16s). This highlights ongoing strength in market structure despite recent volatility.

Market Structure Insights

• The overall trend remains positive with higher highs and higher lows being established despite recent downtrends; maintaining macro uptrend is vital for continued breakouts across various stocks discussed. Understanding market structure is emphasized as crucial for predicting future movements effectively.

• Successful closures above significant levels like cloud formations indicate readiness to push through additional resistance points (1646), potentially leading to even greater gains into the twenties or thirties range in upcoming sessions. This reinforces optimism about sustained growth trajectories within these stocks discussed throughout analysis sessions.