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Tesla price attacks downward secondary trend line - Forecast today - 10-06-2024

Economies.com
2024-06-10 12:27PM UTC

Tesla’s stock (TSLA) rose in the intraday levels, while trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels, thus tackling the downward secondary trend line in the short term as it tries to shake off negative pressures. 

 

Therefore we expect the stock to rise and target the important resistance of $205.30, provided the initial resistance of $177.00 was breached. 

 

Trend Forecast: Bullish 

Ethereum price (ETHUSD) forecast update - 10-06-2024

Economies.com
2024-06-10 09:45AM UTC

Ethereum Price (ETHUSD) Analysis

Expected Scenario

  • Ethereum price (ETHUSD) is testing the key support 3641.82$ again, which urges caution form the upcoming trading, as the price needs to hold above this level to keep the bullish trend scenario active for today, reminding you that our waited targets start at 3840.00$ and extend to 4096.85$ after breaching the previous level.

Expected Trading Range

Between 3570.00$ support and 3800.00$ resistance.

Trend Forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 10-06-2024

Economies.com
2024-06-10 09:45AM UTC

Bitcoin (BTCUSD) Price Analysis

Expected Scenario

  • The tight range dominates Bitcoin price (BTCUSD) since morning, while stochastic attempts to get rid of its negativity and gain the positive momentum, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 67815.00$, reminding you that our waited targets start at 71680.00$ and extend to 73800.00$.

Expected Trading Range

Between 68000.00$ support and 71600.00$ resistance.

Trend Forecast: Bullish

Read more: Will Bitcoin price reach $100,000 in 2024?

Brent oil price forecast update 10-06-2024

Economies.com
2024-06-10 09:45AM UTC

Brent Oil Price Analysis

Expected Scenario

  • Brent oil price finds difficulty to surpass 80.08$ level, to show some slight bearish bias, while stochastic continues to provide the positive signals, to keep our bullish overview that depends on the price stability above 79.40$, reminding you that our next main target reaches 82.40$.

Expected Trading Range

Between 78.80$ support and 81.80$ resistance.

Trend Forecast: Bullish