Price has completed 2 squares on the 2-dimensional view as seen on the chart.
On a 3-dimensional view, the structure is a 2-stacked cube in rotation.
The first square reached the top in 216 days after which price stayed in the cube rotating along the four faces. The 52- months cycle prevailed and all the medium term turning points were exactly on ratios of the cubic faces
Price range = sides of the square = 329 units
Total days = 1295
1295/329 = 3.94 approximately completing the 4 sides of the first cube. (cube has 6 sides)
Price entered the 2nd cube on 20th June 2019 but the origin of this face is on 11th July 2019.
The ending date on time axis is 4th June 2020. This is the first face of the 2nd cube currently in view and cycles in this face might be different from the previous cube
Since growth patterns follow Root 5 ratio,
329 * root 5 = 736
736 + 1046 = 1782
326 * 2.618 level = 861
861+ 1046 = 1907
By Elliot's wave we also have 1712, 1727, 1748, 1869 and 1911 levels to watch.
Also the current trend has two ellipses contained in a bigger ellipse.
1st ellipse has radius vector 81 units.
The magnitude = Circumference of the circle = 2* Pi * radius
= 2 * 3.142 * 81 = 509 points
509 + 1046 = 1555 usd (The pivot axis of rotation we mentioned in the earlier post)
PHI degree of 81 radius vector = 81 * 0.618 = 50
Magnitude = 2 * 3.142 * 50 = 314
1555 + 314 = 1869 usd
81 + 50 = 131
Notice that 50, 81, and 131 are the successive Fibonacci ratios 5, 8 and 13 with phase shift.
These upper values are only valid if the 52- months cycle is terminated in this new cube, but if the cycle appears again in this cube then we should expect a long term bear trend or sideways trend upcoming.
Please its really difficult explaining the geometric structures theoretically while still trying to keep it brief so any questions or clarifications can be referred in the comments section and I will try to explain further. Thank you.
On a 3-dimensional view, the structure is a 2-stacked cube in rotation.
The first square reached the top in 216 days after which price stayed in the cube rotating along the four faces. The 52- months cycle prevailed and all the medium term turning points were exactly on ratios of the cubic faces
Price range = sides of the square = 329 units
Total days = 1295
1295/329 = 3.94 approximately completing the 4 sides of the first cube. (cube has 6 sides)
Price entered the 2nd cube on 20th June 2019 but the origin of this face is on 11th July 2019.
The ending date on time axis is 4th June 2020. This is the first face of the 2nd cube currently in view and cycles in this face might be different from the previous cube
Since growth patterns follow Root 5 ratio,
329 * root 5 = 736
736 + 1046 = 1782
326 * 2.618 level = 861
861+ 1046 = 1907
By Elliot's wave we also have 1712, 1727, 1748, 1869 and 1911 levels to watch.
Also the current trend has two ellipses contained in a bigger ellipse.
1st ellipse has radius vector 81 units.
The magnitude = Circumference of the circle = 2* Pi * radius
= 2 * 3.142 * 81 = 509 points
509 + 1046 = 1555 usd (The pivot axis of rotation we mentioned in the earlier post)
PHI degree of 81 radius vector = 81 * 0.618 = 50
Magnitude = 2 * 3.142 * 50 = 314
1555 + 314 = 1869 usd
81 + 50 = 131
Notice that 50, 81, and 131 are the successive Fibonacci ratios 5, 8 and 13 with phase shift.
These upper values are only valid if the 52- months cycle is terminated in this new cube, but if the cycle appears again in this cube then we should expect a long term bear trend or sideways trend upcoming.
Please its really difficult explaining the geometric structures theoretically while still trying to keep it brief so any questions or clarifications can be referred in the comments section and I will try to explain further. Thank you.