QM patern
Updated
I wanted to share my main idea with you.
I think we are shaping a QM pattern.
According to my habit, I gave up the intense fall shadows.
If the pattern is formed, after reaching the new HH and falling after that, I expect to see a long upward rally by reaching the second red line, which is the day of the announcement of sec opinion on Bitcoin ETFs, with the possible entry of more than 300 billion dollars into the market. be long
Do not forget October 17
I think we are shaping a QM pattern.
According to my habit, I gave up the intense fall shadows.
If the pattern is formed, after reaching the new HH and falling after that, I expect to see a long upward rally by reaching the second red line, which is the day of the announcement of sec opinion on Bitcoin ETFs, with the possible entry of more than 300 billion dollars into the market. be long
Do not forget October 17
Note
A friend asked what is the purple pattern you drew?This pattern was drawn by my friend MRT.
He drew this pattern with data including halving dates, daily candles from 2011 to the present, and some astronomical information that he fed to the AI.
It has worked well yet
Note
The price ceiling was formed above point (1) and now we have to wait for a drop to around 25,000-25,500. If we get the slightest good news from sec on October 17th, we will hope that the channel of 20-30 thousand will become unavailable forever and the bull market begins before the halving
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.