DHLawrence

Flag pole!

Short
DHLawrence Updated   
GEMINI:LUNAUSD   Luna
I’d say the heavy orange lines are a pretty solid example of a mild level continuation pattern.

The blue measurements inside of it are exact projections of each other, showing drastic loss in enthusiasm for the bulls.

It also turned its aspect ratio outward in that peak of the first measurement

And…. Welll…….. .. . . . . Thats a long flag pole in the turquoise heavy dotted line.

I should mention that there can be a false breakout in this situation, so do your own home work… you cant just copy mine, cause I’m going back to work on it immediately after i publish this… cause i update it constantly.

Dotted lines are resistance… solid lines support… my chart is in 3d, and please disregard any of the highlighted traces for this discussion. Thats just my homework and notes.

Good Luck, God Speed, Love & Light!
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I also see that the heavier orange support gained its angle of attack over the previous vector. Thats bullish.
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In more optimistic news, the pink projection shows a strong indication for just 1 more leg down. That is likely if we are to continue the bull run on Luna. Like last time. But with increasing bearish vigor in the orange consolidation pattern, i worry that is not the case this time.
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The heavy pink support vectors, and corresponding resistance vectors create long range bullish pennant patterns… you can see how it jumped up ont he lower pink line December 1st… sorry for all the old notes in that section… it was vey interesting to map out that level as it formed from smaller fractals lower on the chart. Anyhow… i often observe that the first pattern like that is a long range mid level continuation pattern, and then the next is the top level before. A reversal to recharge the RSI on the long range. Ill see if i can find an example now… stay tuned!
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Here we go… these pink arrows on the 4 hr are a good example of the three levels in a move. This is the same stuff that Elliot wave theory describes.

Any how… i think a pattern like that is happening on these big recent bold pink levels. So a “1 & 2” pull back is likely…. Too bad the Gemini chart doesn’t show more history… a longer range view would tell us!
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Oh… and that purple trace… well, that little guy shows how exponential growth happens!

Now if only more historical data… hmmm
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Comment: Here we go… i keep another homework project on the Binance chart… it goes way back! I have the same pink segments highlighted. I’m currently looking for the projection on the longer time frames that would help us. There rare a few bearish examples… but I’m trying to find that most optimistic, best fit bullish projection…
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This came out cooler than i thought it would. Not only were we able to illustrate the three levels of Eliot wave in pink traces and arrows, but we are also able to back out to the 6hr candle and view the entire chart. The big light purple trace shown here appears to be the most likely longest range projection or fractal.
“It sure fits nice right on there, don’t she?” Well except we added an extra harmonic pattern where the big purple arrow shows a gap between eh projection and the current. Thats cool… it probably is a sign of something too… like a little less enthusiasm…. It took and extra cycle for enough people to wash of their risk perspectives and ride it.
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Lots of competing projections, as always! As we get more data, we will gain confidence on some of these, loose confidence in some. Thats the nature of the infinite aspect of human emotion… it cycles, but isn’t entirely predictable… wild!! Like an animal! Good Night!
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Good morning!

Very exciting movement since i went to bed last night (at that white moon).

Good news… all that hard work of my multi time frame analysis of the projections paid off! The blue pattern has a lot more of my confidence now, and a sell order at 90 triggered! Profit :)

I placed that sell, based on peaks in the blue and green projections.

I also placed back up buys a bit lower, in case the other patterns prevailed… those have now been cancelled, and new buys created according to the dominant projections.

HAPPY NEW YEARS EVE!
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