Cycle from 2019, to 2021, to 2023 for NYSE:GME by ChangoMan

Most individuals is aware of History tends to repeat itself, however individuals normally goes and search for value path as an alternative of taking a look at Indicators. Indicators can provide you a greater data as a result of their motion is contained inside sure limits, in fact I’m not speaking about copy/paste previous stuff into current stuff, however in case you have a look you’ll discover it correlates very superb.

#1 bins correspond to #2 bins and we’re heading into #3.

So, I made this chart for you. Based on the RSI and Stoch RSI indicators we will discover the identical patterns inside the previous few years and we will decide that this cycle has been energetic a minimum of since 2019 (I didn’t look too far prior to now) however thats sufficient to find out the cycle is about 2 years lengthy….

Something attention-grabbing you’ll be able to discover it within the yellow sq., in case you examine yellow 1 and yellow 2, you’ll discover the value was alleged to climb above 250 however as an alternative the value obtained closely suppressed (capped??) and it didn’t climb was a lot because it was going to do it. After that, it continued its path in line with the previous cycle.

Take a have a look at each field no 1 and examine it to each field on quantity 2.

Final conclusion: we’re heading into perhaps 1 or 2 months of a decline in value earlier than going into continuos climb to the ultimate launch.

PS: all of this chart and cycles stuff is just not even contemplating NFT Marketplace launch or NFT dividend coming or the rest. IMO (very tinfoil, I proudly admit) RC is ready for the proper timing to create the right storm and carry out a Wombo Combo vs the SHFs.

PS: sorry for my english

Disclaimer: Not monetary advise.