"Tesla has said it wants to produce the first cars at the plant about two years after construction begins, ". Assuming construction begins in 2019, then by 2021 Teslas will be able to sell into china without facing tariffs. that can be a major catalyst for which aligns...
LTC/BTC has found weekly and monthly support levels. Massive accumulation ongoing.
The Age of Crypto Heroes will begin sometime around July, denoted between the pink vertical lines.
Litecoiners are The First Alts. Our leader, Charlie Lee, will be building the lightning network and much more.
First target: moon
semi hidden bull div in red arrows, give a measured move target of $64 to $68. im leaning towards a $64 to $66 target since that would keep it inside the purple trendline. daily macd about to cross up as well.
time fibs coming up in mid june. lower time frames would need to confirm a local top when we get there.
downside target is probably somewhere in the 40s
vol gap in visible range has POC (point of control) at 226
for yesterdays pump from the bottom of 214 to 240, the POC is also 225.
you can see the high level support rejection from the horizontal green lines. gonna be tough getting much lower than 221 imo. unless it does what it did last weekend.
close shorts around the POC, go long at POC or just under.
elliot wave projections for the top are in the red boxes.
targets of $61 to $72. I wouldn't even think about shorting this until it hits $61. After that I'd look at lower time frames weekly and daily for bear divs.
the bears will make a lot of money shorting this once it tops out.
bitcoin will die in 64 hrs.
fractals are drawn below the price bars. note how similar the price structure is between april 13th to present and from march 24th to april 5th.
previously we hit local bottom on march 24th, consolidated sideways for 7days, then pumped. the same thing happened this week. it's logical to assume this final bulltrap will be similar in...
we're heading down for some form of wave B or THE wave B. ill close my short hedge there in the green box. those are time/price target zones. Maybe wait for indicators to align and go long for a scalp.
my major play is to look for shorts once we start bouncing up. another 12-36hrs of sideways/down for now.