salsterz

salsterz

Although I firmly believe in TESLA reaching amazon levels, I do lend some market excitement to this current, rapid uptrend. How far will we go? Elon Musk's ideals are inspiring and admirable, to say the least. If that translates to amazing repercussions in the fields of environmental science and engineering, I love him even more for it. Short term hesitation...

salsterz

ABCDE reaching a narrow end

salsterz

Used Elliot wave and the fib to plan buy and sell points

salsterz

So much concern about the Dow hitting all time highs but if we consider the general push in all markets, should we really be afraid? The only thing playing with markets right now is Trump's rallies with China, with that in check it seems we'd just be rising. The similarities in the last three wave move in 2016 could be indicative of our future moves. Weren't we...

salsterz

The alternative is a sideways correction here and then a price increase. But the momentum is down.

salsterz

have we seen this before?

salsterz

Nintendo and etc look very similar but what's interesting is the timline. Look how quickly btc has done what Nintendo has done in 40 years

salsterz

If the current move is a volatile wave 4, it shows it's coinciding with fib time zone from last big mvmt

salsterz

so if you look at this and discount that original bump around 3000 which retraced beyond the 26.1%, then we have not yet hit the top of the Elliot wave. Even this is a long timescale, perhaps there is more to go. Would there have been more change on Friday when BTC futures expired if there was to be any? Or do we expect some of that today, Monday? Thoughts?

salsterz

tho tsla is having some bad times, it's a great company and Elon Musk is awesome so the future is good :D

salsterz

netflix hope you didn't buy on that last peak like me

salsterz

This may take a year or so, this is a great time to buy!

salsterz

unless btc falls again, i would accumulate more today or tomorrow (end of 4) and expect the sell point marked (5) on 2/13

salsterz

Another retest of lows may occur since retest of low has shown another volume spike = sellers and buyers active. Larger ABCDE unfinished as of yet, given we are expecting five larger corrective moves.

salsterz

25 days to complete the initial wave, it may be another 20-25 days until the next buy in. Wave C surpassed Wave A- great buying point!

salsterz

Next sell point

salsterz

ANT on the bottom, QTUM on top. Patterns seem very similar... maybe ant will have at it

salsterz

Projected time and price point of next rise.