Hello Traders,
Regarding the recent coupe weeks increase in price:
It is very likely that we have just started the wave 3 of the big wave 5.
Looking at the charts:
There are two suspicious cycles here
WAVE 1 ENDED 01 DEC '13
WAVE 3 ENDED 01 DEC '17
WAVE 5 TO END 01 DEC' 21?
As you can see there's a 4 year cycle between the impulsive moves
Another cycle is the corrective moves:
WAVE 2 ENDED 01 JAN '15
WAVE 4 ENDED 01 JAN '18
There's this 3 year cycle between the corrective moves.
The price target for the big wave 5 is anywhere in that $250k area
These kind of charts are what the pros don't want you to see so that the weak hands panic every single time there's a couple thousands drop in price
so the pros can collect their precious assets.
Please like and share if you find value
Regarding the recent coupe weeks increase in price:
It is very likely that we have just started the wave 3 of the big wave 5.
Looking at the charts:
There are two suspicious cycles here
WAVE 1 ENDED 01 DEC '13
WAVE 3 ENDED 01 DEC '17
WAVE 5 TO END 01 DEC' 21?
As you can see there's a 4 year cycle between the impulsive moves
Another cycle is the corrective moves:
WAVE 2 ENDED 01 JAN '15
WAVE 4 ENDED 01 JAN '18
There's this 3 year cycle between the corrective moves.
The price target for the big wave 5 is anywhere in that $250k area
These kind of charts are what the pros don't want you to see so that the weak hands panic every single time there's a couple thousands drop in price
so the pros can collect their precious assets.
Please like and share if you find value
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.