PivotPoints

PivotPoints

The high of the current 12M bar should reach roughly $305,000 per coin

PivotPoints

Seemingly a channel worth paying attention to...

PivotPoints

Classic departure chart is shown in bottom pane.

PivotPoints Updated 

Breakout 1 took 17 3M bars from start to finish, with an eventual increase of roughly 1600%. If Breakout 2 does similarly (17 3M bars and eventual roughly 1600% increase), price would also "coincidentally" top out close to Fib level 2.618, which is accompanied by a price of roughly 386,000 USD. In a few days at December-end, we will start 3M bar 14 of...

PivotPoints

major Breakout 2 (current) vs major Breakout 1

PivotPoints

If history repeats, 15x in four quarters after breakout...

PivotPoints

Yearly candles. The chart gets misaligned a bit after it is posted, but hopefully you still get the idea.

PivotPoints

Long-term Fib extension

PivotPoints

Broke obvious Fib resistance

PivotPoints

Monthly log bars with Fib trend extension show price was first rejected by top resistance in Jan 2020, but then popped through in Jun 2020. Major breakthrough...

PivotPoints

Yearly log bars with Fib Trend Extension

PivotPoints

Yearly log bars with Fibonacci Trend Extension and simple trend line starting in Year 1

PivotPoints

Yearly log bars

PivotPoints

Launching

PivotPoints

Beautiful consolidation and reversal

PivotPoints

Reclaimed Pivot P and MA support after suffering through long-term downtrend

PivotPoints

Heading to next pivot

PivotPoints Updated 

Price stopped (1) right at Pivot S1 and (2) just above Fib 0.876. RSI is also aligned with previous bottom. If a multi-day uptrend happens from here, the 3x ETF will gain more than 3x by the end of the trend due to positive compounding. If choppy volatility instead continues in both directions, then holding IWM would have been the better bet. Survey: Which would...