Hi dear community and my loyal followers.
Let me bring your attention to this important historical data.
As you know I told many times that 2021-2022 bear market look like more likely to 2015 than 2019 taking into account many factors)).
That's why in this analysis I'm comparing 2021-2022 bear cycle with 2015.
Look at price action bellow 5D gaussian channel, do you see the identical move of the price from 1-7 steps?
In 2015 when price approached to mid point of Gaussian channel and range high(#6) it dumped making 2d bottom(#7) , So I expect the same move to be happen now. Price is approaching to mid point of Gaussian channel(#6) and more likely will retrace to 19K+- making double or even triple bottom counting 17.5, 15.5 and potential 19K+- lows. (#7). BTW when price reaches 24.5-25K it will be weekly 50 and 200 EMA also multi-months diagonal resistance. /I will post it a little bit later on regular chart.
I also expect such kind of move coz a lot of moon-boys turned bullish and opened long positions at 22.5K and expect 28K+ prices. ))
If you like my ideas and analyses, don't forget to like, follow and leave a comment please. I appreciate any single tweet.
Let me bring your attention to this important historical data.
As you know I told many times that 2021-2022 bear market look like more likely to 2015 than 2019 taking into account many factors)).
That's why in this analysis I'm comparing 2021-2022 bear cycle with 2015.
Look at price action bellow 5D gaussian channel, do you see the identical move of the price from 1-7 steps?
In 2015 when price approached to mid point of Gaussian channel and range high(#6) it dumped making 2d bottom(#7) , So I expect the same move to be happen now. Price is approaching to mid point of Gaussian channel(#6) and more likely will retrace to 19K+- making double or even triple bottom counting 17.5, 15.5 and potential 19K+- lows. (#7). BTW when price reaches 24.5-25K it will be weekly 50 and 200 EMA also multi-months diagonal resistance. /I will post it a little bit later on regular chart.
I also expect such kind of move coz a lot of moon-boys turned bullish and opened long positions at 22.5K and expect 28K+ prices. ))
If you like my ideas and analyses, don't forget to like, follow and leave a comment please. I appreciate any single tweet.
评论:
Pay attention that 24.5-25K is also monthly diagonal resistance.
评论:
The same 1-7 steps price action happened bellow Super Guppy indicator on weekly timeframe. BTW when price reached the upper band of red channel of Supper Guppy it dumped))
