My prediction yesterday was wrong. Broke bearish out of the symmetrical triangle.
Using the Pi Cycle Market top indicator - I believe we are at the same point as back in the 2017 bull run, highlighted in the circle!
In 2017 when we broke the previous All Time High, we blasted through but went into a period of consolidation. We have been currently forming almost the exact pattern from 2017.
Using the bar pattern, I copy and pasted the pattern from 2017 onto the current times, and if its anything to go off we might be see the mid 20 thousands and then MOOOOOOOON!!!!
Once the Green and Orange lines cross that is the market top guaranteed!
Using the Pi Cycle Market top indicator - I believe we are at the same point as back in the 2017 bull run, highlighted in the circle!
In 2017 when we broke the previous All Time High, we blasted through but went into a period of consolidation. We have been currently forming almost the exact pattern from 2017.
Using the bar pattern, I copy and pasted the pattern from 2017 onto the current times, and if its anything to go off we might be see the mid 20 thousands and then MOOOOOOOON!!!!
Once the Green and Orange lines cross that is the market top guaranteed!
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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.