So I decided to compare the 2017 July-December action, and the Current July-December action...
Both rallys took 78 days to reach the 2.618 Ext of their OTE Long Entries.
Many believe BTC cycles are lengthening, Perhaps our current cycle has another 15 days or more? Or will seasonality prevail, and will December be the Kryptonite to this current run?
Let me know what you think....
Are we at the Yellow Date Block in the left chart...and we're still headed to that 4.618 ext over the next 2-3wks......?
Or does seasonality prevail, and no new ATH in our near future??
As always, good luck, have fun and practice solid risk management.
Both rallys took 78 days to reach the 2.618 Ext of their OTE Long Entries.
Many believe BTC cycles are lengthening, Perhaps our current cycle has another 15 days or more? Or will seasonality prevail, and will December be the Kryptonite to this current run?
Let me know what you think....
Are we at the Yellow Date Block in the left chart...and we're still headed to that 4.618 ext over the next 2-3wks......?
Or does seasonality prevail, and no new ATH in our near future??
As always, good luck, have fun and practice solid risk management.