Categories: Technical analysis

Tesla Wave Analysis – 30 October 2025

Tesla: ⬇️ Sell

– Tesla reversed from the key resistance level 467.30

– Likely to fall to support level 415.60

Tesla recently reversed from the resistance area between the key resistance level 467.30 (which stopped the previous impulse wave I at the start of October) and the resistance trendline of the daily up channel from April.

The downward reversal from this resistance level 467.30 is likely to for the daily Japanese candlesticks reversal pattern Evening Star Doji – strong sell signal for Tesla.

Given the strength of the resistance level 467.30 and the overbought daily Stochastic, Tesla can be expected to fall toward the next support level 415.60 (low of waves ii, c and a).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Tesla

Recent Posts

Pro News Weekly: Dollar Leads as Stocks Wobble

Welcome to Pro News Weekly! Here’s what is driving the markets this week: 💵 The…

1 day ago

Strong macro data and rate spreads are the USD’s main weapon

Strong US macro data and wide rate spreads boost the dollar, pressuring EURUSD and gold;…

2 days ago

Top 10 Forex Trading Strategies

We have outlined the 10 best forex trading strategies with clear logic, real-world context, and…

2 days ago

Bitcoin has not crossed the correction line

Bitcoin holds near $95.5K as the market steadies but hasn't confirmed a exit from correction…

2 days ago

CHFJPY Wave Analysis – 15 January 2026

CHFJPY: ⬇️ Sell - CHFJPY reversed from resistance zone - Likely to fall to support level…

2 days ago

WTI Crude Oil Wave Analysis – 15 January 2026

WTI Crude Oil: ⬇️ Sell - WTI Crude Oil rising inside minor impulse wave (1) -…

2 days ago

This website uses cookies