Obviously quite speculative. Not a high quality regression analysis at all, just using a one simple metric, the decreasing % increase from bottom to top of each cycle. interestingly it lines up with the fractal..
A higher quality regression analysis fyi; youtube.com/watch?v=YuwPHL-HWTM
fractal 1 (turquoise) ; 2013 run (iam of the opinion we are repeating this part of the cycle, this one gives much less corrections to trade, which is ideal for whales/manipulators as it will leave more people behind as they try and play corrections and thus create even more fomo)
fractal 2 (RED); 2017 run (seems to obvious, everyone is looking at this one)
Important price points to watch and be careful at:
1. 30k ish - maybe a strong correction here
2. 45k ish - could actually be a top, ill post another idea on this one
3. 65k ish - as above
3. 85k ish - again another potential top as everyone sees 100k as the target so they drop it early
4. 100k ish - everyone is eyeing around 100k
5. 220-320 ish - some fractals go up here as this idea shows. mega moon missions. possible...yeh. anything is possible with this new paradigm.
This is obviously very speculative and just reading tea leaves. :) but its fun right?
A higher quality regression analysis fyi; youtube.com/watch?v=YuwPHL-HWTM
fractal 1 (turquoise) ; 2013 run (iam of the opinion we are repeating this part of the cycle, this one gives much less corrections to trade, which is ideal for whales/manipulators as it will leave more people behind as they try and play corrections and thus create even more fomo)
fractal 2 (RED); 2017 run (seems to obvious, everyone is looking at this one)
Important price points to watch and be careful at:
1. 30k ish - maybe a strong correction here
2. 45k ish - could actually be a top, ill post another idea on this one
3. 65k ish - as above
3. 85k ish - again another potential top as everyone sees 100k as the target so they drop it early
4. 100k ish - everyone is eyeing around 100k
5. 220-320 ish - some fractals go up here as this idea shows. mega moon missions. possible...yeh. anything is possible with this new paradigm.
This is obviously very speculative and just reading tea leaves. :) but its fun right?
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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.