Hey bro I am too dumb to understand this. Can you break it down a bit?
Great_Reset_Investing
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@embedonix, just my own set of theories i will try to add to it fosho, think liquidity in the meantime
GoatOfWallStreet
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@Great_Reset_Investing, so liquidity of GME comes down? I fail to interpret this :) I'll just wait for your update :)
drindrin
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Do you expect a Market Crash (like in March 2020) in 2022 or 2023?
Great_Reset_Investing
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@drindrin, yes, but it might be slow motion ; i'll try to explain this idea a bit more sometime
drindrin
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@Great_Reset_Investing, Will GME reach the upper target (end Jul/ beg Aug) before it happen? :)
Great_Reset_Investing
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@drindrin, no idea bruh, just combing charts with my other forms of analysis- trade safe
drindrin
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@Great_Reset_Investing, There is a chart showing all Market Crashes/ Black Swans we have had. Since 2011 they happened whenever it touched the upper line of the rising wedge (untill now 4 times).
Interesting are three features: 1) At least one month before it start to drop 2) Almost always it falls dipper 3) Before the crashes happen, BTC tops (or: They do not happen during BTC bull run to the top)
Interesting? Would you please estimate when it touches the upper line again?
It does not mean the next crash can happen 5th time on the upper wedge line. I heart, like there were signals before corona so there should be again signals, that the next crash will be with cyber/ internet attack on financial institutions (rumor without proof). As long we have fiat, keeping a portion of them out of bank and stable coins on external hard wallet (some exchanges could be also affected) would be wise, otherwise we could be unable to buy the dips. Knowing the time frame could also prevent us from loses and helping to do investments like with GME in the summer. I would be grateful, when you could check the next possible time frame. Thanks!
Great_Reset_Investing
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@drindrin, nice post. for me it's already at the right place for a top
drindrin
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@Great_Reset_Investing, We have still free room. Could you pleace use the pair: SPX/ M2SL? It is very imoprtant to me. Link to the chart: (please write www. before) tradingview.com/chart/JSIIZoMz/?symbol=TVC%3ASPX%2FFRED%3AM2SL