Ether wanna stop bleeding?1- According to Elliot wave counting , support and resistance lines and fibo retracement and expansion we can count 5 wave Elliot just as I did in Eth chart.
2-Ichimoku lines start giving bearish signals , not quite bearish but give confirmation that we can imagine the specified trend that I show it(ABCDE).
Senkou A and B(lead 1 and 2) start crossing each other to build green cloud and cloud getting thick that give space to candles to change present trend.
Kijun and Tenkan (conversion and base line) start crossing and its not completely clear that if it give's us bearish candle signal but according to Chikou span(Lagging line) we can imagine that we will break present trends.
---Good luck---
just like always it's a vision ( mine actually :D)
Vision
Genesis Vision (GVT) short term – The break-out, and the targetsIn my previous post I explained very quickly that GVT was finally in for a break-out of its' triangle formation. Minutes later it broke out and will now likely retrace a little before the bounce-off. That brings me to the next part of the story – the targets and the overall chart picture.
Chart of previous post yesterday, where I called the break-out:
Daily chart:
First off, you can see that in (1), the longer term support was reached, almost coinciding with the triangle base. That strong support and the changing momentum has now pushed GVT through the triangle resistance in (2).
Moreover, if we look at the overall chart, we see that GVT has actually been in a relatively wide upward channel / trading range. And, GVT fell through the support of that trading range beginning of April. In general, we could reasonably expect that the price will revert to that “mean” trading channel. And hence, it should actually minimally be trading at around 35000 sat today (point 3), to be in the lowest area of that upward trend channel. That would already mean a big increase from today’s levels!
If we look at the Fibonacci retracement lines, I drew them from the All time high (4), to point (1). The next pricing targets are:
29904 sat
32273 sat
34642 sat
38014 sat
42310 sat
You could place your sell triggers at those levels gradually and according to your risk appetite.
Can we still fall back? Yes, it’s always a matter of scenarios. But here the bulls are in favour, and we still have a strong support at 24000-ish. In the meanwhile, don’t be too surprised if you see the price tracing back before increasing, which is very normal for triangle break-outs.
Best of luck,
NCASH/ETH it depends on the news ! depends on news
positive news = green candels
negative news = more correction and more red candles
share your ideas guys we are here to learn from each other
AUDUSD BULLISH VISION this pair has currently bounced from the trendline you see in the chart. it is very likely to pick up enough bullish momentum to retest that upper major resistance once more. moving averages on the lower time frame are changing direction and price has currently come off of the 0.5 fib rejection level.
telegram channel : t.me
trading signal with stop lossbuy beetween 0.0016 . I think first target 0.0018 but don't forget stop loss 0.00147
TSLA Long "Elon Musk`s Vision"If Elon Musk’s vision of the future proves to be correct, we’ll zipping around in driverless cars by 2018 and colonizing Mars not long thereafter.
Musk, who founded Tesla, SpaceX, and PayPal, shared these and other bold predictions when speaking on stage at Recode’s Code Conference on Wednesday. Here are a few of his boldest statements:
People will go to Mars by 2025. “If things go according to plan, we should be able to launch people probably in 2024 with arrival in 2025,” said Musk. When asked about how he views establishing law and government on Mars, Musk said he believes a direct democracy would work most efficiently. “I think that’s better because the potential for corruption is substantially diminished in a direct versus representative democracy.”
Video games will become indistinguishable from reality. Musk has heavily considered the possibility that we may very well be living in a simulation. His main argument to support this is the rapid advancement of the technology that powers video games, which he believes will one day become so realistic they will be impossible to distinguish from real life. “Forty years ago, we had pong,” he said. “Now forty years later, we have photorealistic, 3-D simulations with millions of people playing simultaneously and it’s getting better every year . . . If you assume any rate of improvement at all, then the games will become indistinguishable from reality.”
Completely autonomous cars will arrive in fewer than two years. Companies like Google, Uber, and Ford are already experimenting with self-driving car technology. While many of these advancements are in their early stages, Musk believes automobiles will be completely autonomous in two years. “I consider autonomous driving to be a basically solved problem,” he said. “We’re less than two years away from complete autonomy. Regulators however will take at least another year; they’ll want to see billions of miles of data.”
An Apple Car is coming in 2020. Musk said he expects Apple’s much-rumored yet unconfirmed electric car to go into production by 2020. The Wall Street Journal previously reported that Apple’s first vehicle could arrive in 2019. He also added that he believes Apple should have “embarked” on its car project sooner.
“We’re already a cyborg.” Musk has never shied away from arguing that artificial intelligence could pose a threat to humanity’s future, and he touched on the topic again on stage at the Code Conference. When answering a question about how to avoid a doomsday-like scenario, he offered another bold stance: humans are already cyborgs. Musk pointed to our social media personalities and reliance on computers to perform everyday tasks and communicate. “You have basically superpowers with your computer and your phone and the applications that are there,” he said. “You have more power than the president of the United States had 20 years ago.”
WE HAVE NO INTENTION TO SELL TSLA UNLESS THERE IS SERIOUS BREAK BELOW 2016 LOWS
LONGTERM WE ARE IN A LONG TRADE AND ADDING FORM LOWER POINTS.
Good Luck!
/Special Thanks time.com
ETFC flag's bottom line (support) oncoming retest?Signals:
Double bottom
Wide Flag
Buy 24.60-24.70 retest of flags bottom line
Target 29.00
Stop 24.34 (-1 tic flag's low)
R\R ratio 1:16
CBS: weekly chart supports daily consolidationSignals:
weekly double bottom
weekly consolidation-flag under inclined resistance (we forecast its breakout because double bottom hasn't played itself yet)
daily consolidation-flag
Buy 53.00 (breakout of daily flag's top line)
Stop-loss 51.10 (-2 tics flag's low)
Long-term target 64.00 (sizing+horizontal resistance)