Prediction evidence

da

dave the wave🌊🌓

@davthewave

Snippet: "Given that price has not substantially broken through the neckline, where it has now spent a few weeks below it, I think it’s reasonable to say that this bottoming pattern is back on the table. It could now be seen as a skewed reverse head and shoulders, and where the neckline runs more relative to the base of the LGC [Logarithmic Growth Curve] as follows: Should such a formation play out, price would consolidation over the period of a month or so to 70K. While it would allow for a brief dip back into the 60K range, the 70K range is likely to hold on the higher timeframe… building the platform for higher prices over the course of the first quarter next year. Interestingly, the fib extension of this formation would also have prices testing and meeting resistance [in the shorter/ medium term] at previous all-time highs."