ym this is an update.
Message 34224408
I am heavy into these time cycles these days. Not perfect but been a good addition to the tool kit. Takes time, and as always, ambiguities.
I do not have a bottom here. In a C down with seemingly two possbilities. Looks like ending a 3 of C down right here.
The short C. MIght go down to the 61 % retrace at 328. A possible major cycle low first of July. Currently my fav.
The long C. If the fibs don't hold, probably a near full retrace, into the next major cycle low, ~ Oct of 2024. And if it is this one, Apple, Tesla, all that chit has a long way down to go. And the top is then not a I of V top, but a Big 3 top, and we have a huge 5th wave yet to do, into the end of this decade.
Not real heavy short right here, but may soon get that way.
Why the two differences on the time cycles, because we have a possible low at 2019, then another one April of 2020. One of those two is most likely the trigger for the next 4.5 yr low, and we don't yet know which. The Hurst boys been triggering off the 2020 one, betting on a big wipe out into late 2024 re general markets. It is this one that imo shows up most strongly in pm's, energy, crypto and all that. But they don't all have to be on the same cycles, and probably are not. Imo.
Good trading on your crypto, looks ready to dump again to me. By the way I like the Riot chart the best, LT.
Such is life.
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