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My Argument for Chance of Similar Bull Run to 4th Quarter - 2015

This is simply a study to show the potential for a bull run similar in fashion to September/November of 2015. The only thing I have more doubt about is my application of the same 1.618 FIB Extension Formula shown in the last chart of the comments section.

Thanks for taking the time to check out the indicators within each chart below with their text bubbles. Make sure to check the similarities of the indicators with present day to September, 2015.

If you can take a moment to click the "LIKE" icon, it would certainly be appreciated. I spent a lot of time and effort putting this particular publication together. Thank you very much! ; )

Happy Trading and... as always... Stay Awesome!

David

Let's have a look at several time frames:

Here's the 6-Day Time Frame:

Here’s the 9-Day Time Frame:

Here’s the 12-Day Time Frame:

Here’s the 2-Week Time Frame:

Here’s the 16-Day Time Frame:

Here’s the 18-Day Time Frame:

2015 1.618 FIB Extension Price Range Target Formula:

Same 1.618 FIB Extension Price Range Target Formula applied for present day seems a bit far fetched but I’m posting it anyway.

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A look at the 200-EMA in the 6-Day Time Frame:

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CORRECTION OF AN ERROR FROM PREVIOUS POST LABELED: "2015 1.618 FIB Extension Price Range Target Formula:"

This is that correction for 2015 1.618 FIB Extension Formula:

Here's Present Day 1.618 FIB Extension Formula Price Range Target posted again for comparison:

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The possibility for the bodies of the 2-Day Candles to price ride down along the Bollinger Band Basis (Center Line) was mentioned in the title of a previous publication. That possibility still exists present day.

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Pointing out something in 2015 about the 1.0 FIB in my FIB Extension Formula that may hold relevance present day.

This is why I posted that Green Note in the 1.618 FIB Extension Formula applied for PRESENT DAY. I mentioned we may go up only to the 1.0 FIB at first in the $14K's before consolidation. That consolidation event might begin the last week of May or first week of June. Then we have another run up once again in July to finally have a 3-Day Candle "CLOSE" at or within the 1.618 FIB Extension before consolidation once again the last week of August or first week of September. In other words, it could look something like this:

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This is the last update for a while. I need to get a bite to eat and spend some time with my wife and son. I made a correction to make it look somewhat similar to 2015/2016. Keep in mind: This prediction is based on whether or not my analysis laid out with multiple time frames above actually pans out.

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Simply a reminder of us potentially riding along the Bollinger Band (BB) "Basis" (Center-Line) for a bit before we potentially turn up to go on a Bull Run.

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The Daily (24h) Time Frame:

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I cannot help but wonder with all this talk of the IMF banning stable coins; if we don't have a mad rush to use those stable coins to buy crypto BEFORE they are banned. No?

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I have three (3) scenarios in mind; depending on what we do locally over the next couple of weeks. If exchanges holding "stable coins" end up getting nervous about stable coins being banned, they may seriously consider buying up all the cryptos they possibly can before stable coins are actually banned. Here is one of those potential scenarios...