The end is nigh! Just kidding. Final price drop in the works before new ATH.
As per my drawing, looks like Wave 4 (of C of II) expressed itself as an expanding triangle and may have completed its retrace to exactly 50% of Wave 3 (of C of II)
If so, expect price to drop catastrophically to complete Wave 5 (of C of II) to $120-$60 range before we can begin Wave III to new All Time Highs of $2000+ starting next year.
Footnote: The boxes on the right (outlined in green) are the running wave count which I use to keep track of where we are using "anchor texts" so they never move. There are 6 more wave levels not shown in the running wave count to keep things simple but are visible on shorter time frames.
As per my drawing, looks like Wave 4 (of C of II) expressed itself as an expanding triangle and may have completed its retrace to exactly 50% of Wave 3 (of C of II)
If so, expect price to drop catastrophically to complete Wave 5 (of C of II) to $120-$60 range before we can begin Wave III to new All Time Highs of $2000+ starting next year.
Footnote: The boxes on the right (outlined in green) are the running wave count which I use to keep track of where we are using "anchor texts" so they never move. There are 6 more wave levels not shown in the running wave count to keep things simple but are visible on shorter time frames.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.