Bitcoin has exhibited its first sign of revival, sparking the question: is this a genuine resurgence, mirroring the May 15th breakout, or a brief rebound akin to the June 30th false break? Interestingly, the recent supermoon event has prompted me to consult the moon phase indicator, which suggests a heightened likelihood of a sustained upswing, potentially...
I posted a bullish idea for SPY (linked) where I did not go into detail about the wolfe wave - I am seeing major confluence with EWT, wolfe wave projection, bigger picture downtrend resistance, target via an indicator I love called "ADX Breakout", and time series forecast for both SPY and QQQ . There happens to be a full moon (a SuperMoon actually) on Tuesday...
This possiblility is clear, and while I was at it I extended it to the super moon :)
Resistance Turn Support Levelling up Theory high res pic