This analysis assumes that the May 17 and June 21 lows, which break the wave 1 high from Jan 8, 2018 (not allowed according to EW principles) is in fact a wave 4 bottom, and we are currently in a wave 5. The Fib targets for the cycle W5 are around 6k-7k (the -0.146 and -0.382). On the lower degree (orange count) we appear to have completed a wave 4, and are now...
This is just a note to myself so i can look back at the end of 2022 and see if price followed this count.
Called it a while ago. Canadians check out Ether Capital Corporation for your TFSA and RRSP.
Using SAR to make experimental breakout channel. Following the major long trend, support around 699
Is this just a temporary pump-and-dump-style blip? Or is this the begging of a Bullish reversal? Especially if it breaches res?