Next leg up next week. 140k incoming!
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Sounds good to me π¦
Let's go! Getting started.
Ok, futures price dipped into the gap already. Rather it happen quickly. They Re on break until 6pm est. Then we can resume up only.
Daily MACD flipped positive, confirms tonight. 2nd (confirmation) close above bull flag consolidation from ATH tonight at 8pm. Tomorrow we close above ATH and trendline that went from 2017 ATH through first peak of 2021 that broke but stomped price action down for daily close when we hit ATH. Then we move quickly over a week or 2 to top of green channel that contains all price action since March 7th. That should coincide with trendline from low on nov 18th 2022 topping off all price runs since. We break that its parabolic for a few weeks. Think we hit highs at the end of September early October. Huge window because yiu know logarithmic but:
Say high is on 19 September.
Hereβs the constant weekly increase (for the next 5 weeks) with a +33% blow off to peak week of 19 September:
$210K peak β ~5.77% per week
$256K peak β ~10% per week
$420K peak β ~21.49% per week
I think we will see the top end maybe it will take until mid October. I think we will have a huge week this week or next like 40 something % pushing up to 175k or something then you can have smaller weeks later and pick up big ground and then pop top.
Sounds impossible right. Its not. We have had multiple 10 and 15% weeks in the past couple years not in the cresendo of the bull run. Multiple 20 and 25% weeks in 2021 and that was all fuq'd up with China ban, FTX.
This one is coiled like 2017 which had back to back for 5 weeks. 38, 14, 22, 33, 26% weeks that 26% was 34% from open to peak before drop.
Maybe someone sees the money coming and decides to raise 15billion and empty the OTC market and all the institutions and governments have to buy on spot market with the rest of us clowns!Lets do it.