COMPARING 2014 with 2018
Hello guys,
Its been a very hard year for us with everything giving RED. There is fact in the saying that 2014 and 2018 price movement resembled.
Here are my findings:
Important feature with date:
In 2014
Black straight line indicated yearly low with 166.1usd
Red Vertical Line pointed at the yearly low at 166.1$ This happen in JANUARY 2014.
Black Verical Line show the first approach of price on the re-test of the low and bounced off. This occur in APRIL 2014.
Green Verical line show 2nd attempt on the low and this bounced off to begin the real journey of new uptrend. This occur exactly in AUGUST 2014.
Now 2018
Black straight line indicate present yearly low with 5755usd
Red Vertical Line pointed at this present yearly low at 5755.This happen in JUNE 2018.
Black Verical Line show the first approach of price on the re-test of the low and bounced off. This IS HAPPENING right now in AUGUST 2018.
PROPOSED Green Verical line will represent 2nd attempt on the presnt low and this is expected to bounce off to begin the real journey of new uptrend. This is forcast to happen in exactly OCTOBER 2018.
NOTE:
RED line number count stand for CORRECTION PHASE
YELLOW Line count stand for ACCUMULATION PHASE
BLUE Line count stand for RECOVERY PHASE
GREEN Line count stand for FULL RECOVERY.
Guys this post is meant for information purpose only, please do not use it as a call for an investment, this can change at any time.
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