dave the wave🌊🌓

“Snippet: "A Closer Look at the Basing Ranges The focus here is on a comparison of the present basing range with the previous one…. given that I think the price action in a maturing market is more relevant [in contrast to the parabolic and more volatile markets of the past]. 1] A similar range in price percentage-wise…. and a little less on the current range as you’d expect in a maturing market becoming less volatile in macro terms. 2] A similar time range lapsed in this current range as compared to previous. 3] And yet something to keep an eye on here, with the blue box and the shaded LGC ‘buy zone’ in mind, is possible continued ranging before the next move up toward the previous highs of the last cycle."”