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Comment:
the first bottom was 1K and the first top was 20K, the second bottom was 3.3K and the second top was 14K, if my idea is true and this pattern continues the 3rd bottom should be 5-5.2K and the 3rd top should be 10K and the 4th bottom should be 5.5-5.7K and the 4th top should be 8.6k and the final bottom should be $6k and the final bottom should be $7-7.1K before it breaks out of this pattern and goes for a fresh rally
Comment:
on the week of July 27th (on linear chart) we broke above the top of the Symmetrical Triangle
Comments
@elfavorito, thanks, i have made slight edits on newer chart ideas, but it's all the same theory that a breakout would occur when we broke out of the top of the symmetrical triangle
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Your shitty chart is already negated with the recent break out. Go watch some more youube videos and learn what dollar cost averaging means.
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@Tilly4Rilly LOL, this chart was created 7 months ago. You act like it was just created...”already negated”.
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@Tilly4Rilly, in march 2020 we tested the bottom of the channel, and now we just broke above the top of the channel (9950 on linear) (10,500-10,700 on Log Scale), your comment has aged so poorly
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Interesting take on it...I have viewed it this way myself...I'm torn between this and Elliot Waves...If it's Elliot Wave theory that prevails then this is going past 20k sooner rather than later.
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