Here's my thesis..
Summer ends..
Diminishing Cycles..
Aka Diminishing bear markets..to the tune of 63.5% less.. based off previous bear phases which occurred directly after a 3D death cross..
165 days of chop makes sense.. with a potential sweep of the lows once again.. and sprinkle in a 40% probability of a wick down to 12-14k ..
Until then.. I think we chop sideways until October..
Parabolic bull phase resumes post 2024 election and halving with a 150k-160k USD target before topping out in November 2025. Sorry moon-boys, no million dollar target this decade.
--
R.I.P. to my dear friend Andreas who passed on today at the young age of 34.
--
Summer ends..
Diminishing Cycles..
Aka Diminishing bear markets..to the tune of 63.5% less.. based off previous bear phases which occurred directly after a 3D death cross..
165 days of chop makes sense.. with a potential sweep of the lows once again.. and sprinkle in a 40% probability of a wick down to 12-14k ..
Until then.. I think we chop sideways until October..
Parabolic bull phase resumes post 2024 election and halving with a 150k-160k USD target before topping out in November 2025. Sorry moon-boys, no million dollar target this decade.
--
R.I.P. to my dear friend Andreas who passed on today at the young age of 34.
--
Note
On trackNote
FIGJAMHeading up, resistance breached.. Upvember will happen
Note
We wicked down to ~15900 due to FTX ImplosionGood CPI pumping
Note
We got a lower range deviation due to "black swan", reclaiming it soon after and breaking to the upside.Trade active
Still on track!
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Related publications
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.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Related publications
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.