I believe we have one more dip down to 6k and then are officially going up. It will have completed the whole cycle down to the exact day. All bad dips must come to an end. Lets hope my thinking is right.
Note
This is not e.w. I'm literally used them to tally. - Sorry I just got Tradeview just this week. i don't use that much TA just basics such as; support, resistances and trend & historical pattern analysis. I have personally have not found a TA that works consistently, or for me at least, been in it since '13. so i might be just doing it wrong? for this chart tho, i did this exact thing during the china ban dip and most recently the 6k, both times i saw a recurring pattern and did the same thinking. Plus the time frame fits exactly to the day, the numbers even out from the lowest point, and the price movement I plotted out is literally just the inverse of the dip the opposite end.It has been tracking accurately, so far. Lets hope it continues. :D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.