Updated
Oh Luna... are you hungover?
Wow... so the first thing i see here is the strong correlation of the RED bearish pattern. This pattern comes from the previous horizontal move one level up (and to the back if this pops into 3D for you).... so it has pretty strong (and likely) influence... especially as it was a top, and this is a middle... and then we get the bottom level. Thats Elliot wave theory.. its beautiful.
Any how, i am cautious about an exhaustion effort in the next move . . .. .
. .. . . the BLUE pattern stays, cause he has significant influence on the largest time frame for luna. . .. .
. .. . . and the GREEN one shows what a continued exponential run would have looked like. . .. .
I saw a meme with elon musk encouraging people to stop looking at porn and to quit drinking for the new years.... I concur. my aptitude and perception, and therefore my trading. . .. . . .. . .has been spectacular since i made those same changes.
Good Luck, Godspeed, Love & Light!
Any how, i am cautious about an exhaustion effort in the next move . . .. .
. .. . . the BLUE pattern stays, cause he has significant influence on the largest time frame for luna. . .. .
. .. . . and the GREEN one shows what a continued exponential run would have looked like. . .. .
I saw a meme with elon musk encouraging people to stop looking at porn and to quit drinking for the new years.... I concur. my aptitude and perception, and therefore my trading. . .. . . .. . .has been spectacular since i made those same changes.
Good Luck, Godspeed, Love & Light!
Note
. .. . . sorry . .. . . elon's meme suggested "drink ONLY water". . .. .Note
wow... here we are... waking up from a long hangoveer indeed... is it over yet??Note
Wow… some more impressive bearish moves! Here is what the next move could look like if it keeps going down.Note
Hello, Good evening! there are some fractals showing what a bottom formation and trend reversal would look like from here... and then there is that pink trace... and the downward sloping expanding megaphone that it nests with in, one move prior to our position... just lurking and looming its ominous forces!
Note
wow... looks like that purple trace from the previous update is playing out pretty well! sometimes trading view looses fractals randomly as my charts end up quite large and approach the data limits for saving... :)Note
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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.