Prediction evidence

da

dave the wave🌊🌓

@davthewave

Snippet: "On looking at the long-term chart, it seems the only constant is time - that one-year macro correction on previous cycles. Given the repeating pattern, it makes sense to use it as the working hypothesis. Currently we are in the seventh month of twelve with price looking relatively strong. What was a negative in the past [the lack of a parabolic spike] is now a positive - need price correct further in response to a parabolic spike that never happened? The macro point here is one of reducing volatility - price looks to be stabilizing, or maturing, along the lines of a logarithmic growth curve. What I also find of significance in the long-term chart above is the multi-month diagonal of resistance is currently breaking also suggesting that a secondary bottom may not eventuate. This is more clearly seen on zooming in on the weekly chart as follows below."