CULT DAO WAVE 5 LIKELY INcult dao wave 5 is likely in been waiting for the last move down and we got it. If we place the fib time tool at all time high and the bottom we get very interesting dates.
First date between 0.5-0.618 is the Bitcoin halving and the second date is October 2025 when the next Bitcoin cycle top should be in , if history repeats.
0-1 Pre halving rally back to 0.618
1-2 Halving dump , this happens before or after halving , around that time basically
2-3 A break of all time high to 1.618
3-4 50% pullback into November 2024 , last pullback before bull market
4-5 last wave , the next crypto Bull market which should top out October 2025
The fact that this time fib sequence has aligned so well with the ones I'm following with Bitcoin is a good sign , if this prediction is correct 7000% in 800days.
Cultrading
A long term bearish view on S&P 500On August 15th, the S&P 500 quotation has reached 2,193.90
The monthly candle of August is a 'spinning top'.
I am bearish (long term view) this indices with a stop loss just above 2,202 and expect a close for September just around 2,133.
My first short term target is around 1,650
US bonds 30 y - Elliott waves and fractals on the monthly chartAfter a 34 years old down trend, this chart shows an away from equilibrium positioning.
For the US bonds 30 years, the price fractal might complete just few pips below 2% interest rate.
This is going to be a key moment in capital markets.
USDX_Elliott waves and fractals applied on the weekly chartScenario 1: EURUSD build a corrective wave under the shape of a zig-zag (w-x-y) ending around 1.20 and USDX reaches down towards 90 or even 88
Scenario 2: EURUSD prints a triangle (a-b-c-d-e) and USDX leaves behind 92.40 as a relevant low.
Other currency pairs in the Dollar index shall bring their own influence.
USDJPY_Elliott waves and fractals applied on the weekly chart101.50 has proven a strong support back in December 1999, December 2004 and for other 6 months in 2014.
The price action around the 200 months moving average and 200 weeks moving average shall bring even more clarity.
Considering a long position against the low of 98.70