This chart uses a combination of logarithmic growth curves, Fibonacci extensions and an in depth analysis of accumulation, reaccumulation and bull phases using the durations of these phases to determine how a parabola may play out in 2024, what kind of prices could be anticipated, and within what time window.
Detailed data is also taken from the RSI in monthly time frame using a descending channel that outlines peaks and bottoms. Average times taken to range between the bottom and top of the channel. Based on current peak to peak times an average is taken to estimate when the next peak may roughly occur. Measured moves in the RSI from bottom to top have also been taken to show confluence with estimated this estimated time frame.
Detailed data is also taken from the RSI in monthly time frame using a descending channel that outlines peaks and bottoms. Average times taken to range between the bottom and top of the channel. Based on current peak to peak times an average is taken to estimate when the next peak may roughly occur. Measured moves in the RSI from bottom to top have also been taken to show confluence with estimated this estimated time frame.
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