Today it's my birthday, so i give to you the Supercycle count
This count predicted previous bullrun-top and this bearmarket-bottom
If you like the idea, hit the boost botton, leave a commet and follow me for more ideas and counts
Cycle count:
Internal Cycle count:
In these 2 charts you can see that wave 3 wos the 2017 bullrun top
In retrospective this sounds logical, everyone expected the same returns in 2021 and many were dissapointed or had much higher targets than the 60k area
If you take the fib trend based extension on wave 1 of the cycle count
And you take the inverse fib trend based extension of wave 4 of the primary count
you would have already known that the 60k area would be the top
Then you have the lengthening bearmarkets (timwise, not necessarily the market low)
This can be explained by the following up of wave 4's and 5's (Primary count and Cycle count)
There is also alternation between waves 2 and 4
Complex structures in waves 2 and simple regular flats in waves 4
Wave 3 (Primary count) retraced to the 0.382 Fib on 3,3k
Wave 3 (Cycle count) retraced to the 0.146 Fib on 15k
Wave 5 (Cycle count) Should end at 175k (Completion Wave 1 of the Supercycle)
In more detail
Primary count 1-2-3:
Primary count 3-4-5:
In this last chart many will count the move from 3k to 14k as the wave 1
If you try to count this as a first wave, there are some implications to the count and it doesn't look that great if you count to wave 5
So i started thinking maybe this pump is part of a bigger correction
So the pump would be an wave A instead of wave 1
The drop from 14k to 6k would be recognized by wave B
And C would then be the pump from 6k tot 10k
In a bigger picture then we could see this as an regular flat correction
Three waves in A tot 3k, three waves in B tot 10k and then 5 waves impulsively tot 4k the corona-bottom
Cycle count 3-4-5:
Going back to the chart i posted
I think this wave 4 (Cycle count) will also be an regular flat and the duration of it will be longer than previous wave 4 (Primary count)
A pump to 60k or lower high will be a move C to trap retail and come back down violently to 30k
Then the real bullrun start with an impuslive move to the 5th wave target of the Cycle count (175k)
On a higher timeframe this will look like an massive accending triangle wich will make the move more powerfull to the upside
Afther the bullrun top this will mark the end of wave 1 of the Supercycle
Don't expect a 3th wave of the super cycle yet, first an 1-2 wave Primary (2026-2030), then an 1-2 wave Intermediate (2030-2034), then maybe the 3th wave of the 3th wave of the 3th wave will blow you away
This count predicted previous bullrun-top and this bearmarket-bottom
If you like the idea, hit the boost botton, leave a commet and follow me for more ideas and counts
Cycle count:
Internal Cycle count:
In these 2 charts you can see that wave 3 wos the 2017 bullrun top
In retrospective this sounds logical, everyone expected the same returns in 2021 and many were dissapointed or had much higher targets than the 60k area
If you take the fib trend based extension on wave 1 of the cycle count
And you take the inverse fib trend based extension of wave 4 of the primary count
you would have already known that the 60k area would be the top
Then you have the lengthening bearmarkets (timwise, not necessarily the market low)
This can be explained by the following up of wave 4's and 5's (Primary count and Cycle count)
There is also alternation between waves 2 and 4
Complex structures in waves 2 and simple regular flats in waves 4
Wave 3 (Primary count) retraced to the 0.382 Fib on 3,3k
Wave 3 (Cycle count) retraced to the 0.146 Fib on 15k
Wave 5 (Cycle count) Should end at 175k (Completion Wave 1 of the Supercycle)
In more detail
Primary count 1-2-3:
Primary count 3-4-5:
In this last chart many will count the move from 3k to 14k as the wave 1
If you try to count this as a first wave, there are some implications to the count and it doesn't look that great if you count to wave 5
So i started thinking maybe this pump is part of a bigger correction
So the pump would be an wave A instead of wave 1
The drop from 14k to 6k would be recognized by wave B
And C would then be the pump from 6k tot 10k
In a bigger picture then we could see this as an regular flat correction
Three waves in A tot 3k, three waves in B tot 10k and then 5 waves impulsively tot 4k the corona-bottom
Cycle count 3-4-5:
Going back to the chart i posted
I think this wave 4 (Cycle count) will also be an regular flat and the duration of it will be longer than previous wave 4 (Primary count)
A pump to 60k or lower high will be a move C to trap retail and come back down violently to 30k
Then the real bullrun start with an impuslive move to the 5th wave target of the Cycle count (175k)
On a higher timeframe this will look like an massive accending triangle wich will make the move more powerfull to the upside
Afther the bullrun top this will mark the end of wave 1 of the Supercycle
Don't expect a 3th wave of the super cycle yet, first an 1-2 wave Primary (2026-2030), then an 1-2 wave Intermediate (2030-2034), then maybe the 3th wave of the 3th wave of the 3th wave will blow you away