Choose your own ETH "Black Death" adventure, likely will mimic the Bubonic Plauge (aka black death) and turn sour in the mid 1300s. The solid black path is the adventure I choose because its the most likely. Dashed black path 2nd most likely. Dotted black path not likely unless Jesus comes back.
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Comment:
the 1318 I'm expecting by end of day, and the 1365 by Jun 30 - Jul 3.. After that the pullback will unfold over the rest of July, with July 8 as critical event (I don't know what that event is but its showing up on my charts... perhaps it consolidates in 1300s for smaller scale distribution, or bull trap, whatever u want to call it.. and then breaks down to begin final leg down around July 8? Idk, will send update based on how it trades in the 1300s
- will likely see one last small pullback before 9:30am 6/28 to around 1203
- after that is will complete smaller degree wave iii of 5 of this corrective bounce, iii will be ~ 1318
- iv will be ~ 1290
- v of 5 will be in the range of 1345-1400, point target is 1365 (very good year in history lmao).
*** After 1365 it will need to correct (unless this is a leading diagonal off the low).. regardless it will pullback some but that destination is TBD. Either it will make one final low before beginning next larger degree bullish wave, or it will form a double bottom in the 800s, or it will form a higher low finding support in the range of 983-1121.
Rather than viewing the pullback coming off the 1300s as bearish, it should be considered as a final opportunity to accumulate before they mark this up to the heavens.