JustoMcGusto

JustoMcGusto

After realizing my recent ideas on this were posted privately, I figured I'd post this publically and not gate-keep it, for anyone it may be able to help.. Haven't made an update of this Great Depression super cycle since 2021, but the 47,880 area I had been eyeing back then still lines up almost too perfectly. Threw in fib pulls off the 2008 and 2020 cycles too...

JustoMcGusto Updated 

The similarities between the price action of this top and the 2008 top are almost uncanny. Gotta love market cycles.. throwing this out there to look back in the future to see how it plays out. The 2008 overlay drop admittedly goes a bit lower than I was looking for this correction (eyeing the covid retracement fibs for targets at 29.8, 27.5, and then finally was...

JustoMcGusto Updated 

Plotting short term fibs off of Dows $1000 day/leg of money, to get back to 27k/the 3.618 fibonacci line.

JustoMcGusto

I like the way these fibs line up, so ill be watching to see how eth works its way through them as we head down.

JustoMcGusto Updated 

Kept it nice and simple, but these retracement fibs line up scary good for the DJI to peak somewhere shy of 37,000, at which point I would expect a major correction. Risk off/Strong dollar? Turned a few trendlines into a rising wedge to top it off.

JustoMcGusto

Stripped the chart down to the 2009-2021 current bull market fibs, and the Great Depression bottom to future top fibs, with an overlay of the DJI chart leading up to the great depression in 1929, with some very stark similarities (outside of covid, and the pullback im expecting here, though we got ahead of the great depression cycle both times to warrant a...

JustoMcGusto

48k has been making a lot of sense to me lately for the next (assuming we're at a current top) top. This retracement fib pull from the bottom of the Great Depression has another perfect .618 hit for the covid flash, just like I was getting on the current DJI top fib pull from 2009. Getting way ahead of myself here, but you have to wonder what comes after that..?...

JustoMcGusto

Admittedly haven't used extension fibs all year after nailing down retracement fibs as experimental "extension" fibs in the spring, but after revisiting my 2018 DJI chart I figured I would see if I could make sense of the upper 36k area I've been eyeing for a possible top, with extension fibs.

JustoMcGusto Updated 

Plotting some short term fibs for the Dow/US30, for a push back to 27k/the 3.618.

JustoMcGusto

Searching for a "bottom" on bch..

JustoMcGusto

Playing with fibs and trendlines to find targets for BAT/BTC if it pumps again when trading goes live on coinbase (similar to ZRX)

JustoMcGusto

Playing around with fibs and trendlines, looking for higher targets for BAT/BTC if it pumps again once trading goes live on Coinbase, (similar to ZRX).