A couple different scenarios based off historical break of previous ATHs. Being citibank predicted 318k .... unprecedented money printing.... multibillion dollar corps buying.... leads me to think the corn blows past 318k. Maybe even outpace the 2013 bull run.
I would not be surprised to see a market cap similar to gold..... at a 10 trillion cap, that would imply...
Notice on the Weekly, last time BTC broke through the Kumo cloud I circled in Red, followed by the test of the Kijun line I circled in Yellow. BTC is posturing very similar at the moment. Rci also showing a similar down trend as well.
I look for a drawn out downtrend to test the Weekly 200 MA. Historically the Weekly 200 MA is a juicy Long.
Plan to manage risk...
I went back all the way to January 2017 .... there are 15 occurrences of my custom macd crossing on daily.
Keep in mind, I measured profits from the middle of dildo bodies. So VERY conservative profits i listed.
2 fails
1 profit of 3% next day
12 profits of 13% or more.
Most profit within a week.
one took 22 days. Many scenarios for well over 20% short...
