The percentages are the measurements of 1st, 3rd and 5th waves. They both validate that the 3rd waves are not the smallest. The %’s also show that 5th waves are largest both times; the second time had a quicker and much more extended 5th wave.
If the pattern repeats for the 5th black super cycle wave(which it often does) then the actual MOASS would be quick, extreme and likely to play out 2024-2025. Extreme price points as many DD has been written about GME and MoASS. But also extremely volatile price swings
Right in the range of what this 3rd wave can be $12k-21k, almost half way in between is $17k :)
Might not even be true MoASS. But of course doesn’t mean you have to keep holding and not sell any. At the same time keep some for the golden days when the great awakening is fully realized. At that point we may not even be on this financial system, dollar will be ded and the FED would be destroyed
Awesome that you’re into E.W. Or at the very least understand the principles. Most people dismiss it but it’s easy to learn and hard to master. E.W. Is just a study of human emotions and reactions. In the same way Fibonacci is the precise measurement of these data points; the golden ratio or God’s ratio.
I’ve added some more details to this chart and explain:
https://www.tradingview.com/x/DLeK234E/
This is on 1W time frame. The black impulse waves represent the super cycle five waves. Within it are blue five impulse sub waves, with each measured in %. The time measurement is exactly 1777 days (there’s that 17 again, coincidence?)
You are correct we are in the black 3rd super cycle wave. The 1st blue sub wave is complete, correction in progress or complete. The 3rd blue sub wave is set to begin (which correlates to your January-may) runup.
While it can be true that any 3rd impulse wave can be the largest, EW rules dictates that 3rd waves can never be the smallest.
You can see two separate measurements of five impulse waves: 148%, 240%, and 247% and 143%, 490%, 2654%. Respectively, 5th waves were the largest each time and 3rd waves were never the smallest.
Next, wave projection was measured from 1st orange wave which extended us to Fib ratio calibrated prices of $94.74 and $170(17 again) with the actual being $120 due to them shutting off the buy button.
With the same fib measurement we would likely smash $556-$1000 (Fibonacci pitchfork zone ceiling) to settle in 3rd blue wave price zone. Should the 5th blue wave be largest yet again we should hit between $12,027-$21,648 (theoretically begin to break the financial system MoASS territory)
That being said, March 2020 + 1777 days brings us to February 17,2025. Which would be be the day of peak MOASS. Might sound like a bummer, at the same time we need to play out all 1st, 3rd 5th black super cycle waves. That would be ample time to get it done if not sooner.
Blue 1st wave is 18,000% so with a time factor of 2.5x we would get a minimum of 45,000% from $15 projected to $7,216, lining up with another Fibonacci ratio.
This assumes that $15 is the local bottom, but your citadel algos could still touch $12.5 or below.
The pitchfork I’ve used is because the large impulse and corrective waves are confirmed, so the pivot points are placed onto those datapoints. Yours may very well work on the local waves
This is a lot to take in, but I did a very similar analysis in 2018 with bitcoin, projecting its own 5th wave super cycle to be ~$63,000 (69k actual):
https://www.tradingview.com/x/Sl1nihkS
It’s a lot to take in. Charts aren’t perfect and as a human I could have missed something. Either way we could have fun analyzing. True MOASS could be in 2025 based on all this data, which would be extensively higher than what you see on this current chart. But that’s an analysis for another day. Hope you enjoy fellow patriot!
Few months ago I was thinking $10 for darnkess fun. $12.5 fills a nice gap, you made me look again today and $15 makes a lot of sense as we’ve touched base.
I’ve followed crypto for a while, what exactly do you mean “almost like bitcoin before runup?”
I’ve made a series of fun charts, they don’t necessarily mean anything in particular :
https://www.tradingview.com/chart/GME/dXzZU7Fb-Where-s-GameStop-Headed-Is-there-a-future/
Latest update is at the bottom
Declaration of Independence “ --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. ”
Declaration of Independence designed to break away from a government and no government can trample on citizen rights.
Constitution is the supreme law of the land designed for establishing a government
If it were not done this way, none of us would have any idea if McCarthy is part of a plan or not. Half of us would be divided on if he was a rino or maga.
If it were not done this way, none of us would have followed the saga all week and stay up late Friday night watching the debacle
If it were not done this way most of us would have any idea how the House is supposed to operate.
If it were not done this way, we would not have been able to see that timing matters
If it were not done this way, business as usual and not know the power we actually have.
I appreciate your comment, but by this explanation then our God is the God of the dead?
If a person were to make it to Heaven, how could he/she be dead? Saints are Holy people, not by their own merit but but by God’s grace.
We might also guess Saints are in Heaven United with Christ.
Christ died for us, but conquered death and is risen. Jesus also commanded us in John 6 to eat His flesh and drink His blood else we would have no life within us. By accepting, we would be resurrected on the last day.
I couldn’t agree that saints, including Augustine or Mary are dead
Think what you may, but Pope Benedict took quick action to deceased Pope John Paul II last wishes, to unveil the sexual abuse within the Catholic Church. Benedict excommunicated and handed over to authorities for Justice over 400 guilty priests. Policies were put into place to further cleanse the entire Catholic Church of this evil.
Shortly after he mysteriously resigned, we’ve had two Popes since. Traditionally, once a man becomes Pope they remain in office until death
While Christians can’t necessarily put too much weight in prophecies. Saint Anne Catherine Emmerich had a vision of two Popes, of which would be at odds with one another. The vision also detailed that one would suffer immensely for years into his death.
It’s worth noting that Pope Benedict defrocked (fire, excommunication and hand over to civil authorities for Justice) over 400 priests guilty of sex abuse and child molestation. Also put into action that is intended to cleanse the Church of this evil. He did this in under two years.
Strangely he “resigned” while noting that although fraud his mind remained very sharp. For those who don’t know, Popes remain in position until their death. So it’s been strange enough that we’ve had two Popes. Netflix even made a weird movie about it
Catholics do not worship Blessed Virgin Mary nor any saints. Saints are holy people who have made it to heaven, they aren’t dead. God is of the living not the dead.
Have you ever asked anyone to pray for you? Has anyone ever asked you to pray for them? Why do we pray for one another at all when we could just go directly to God?
How did Jesus come to us on Earth? Quite literally -through- Mary. Catholics asked for intercessions through Mary just as the people did at the wedding fest in Canna. Jesus so loved His mother He would honor and grant anything she asked.
Praying for souls, confessions and praying to saints is in fact biblical. The Catholic Church gave the modern world the Bible and the New Testament. It is since the Protestant reformation that many books were taken out of the original
That’s how he got the liberal virtue signalers to fund him buying out Twitter.
At the same time. It allowed many of us to see the green agenda is complete bs. Nothing wrong with owning a Tesla, but people need to see it for what it is not
Of course our preference would be that 3rd black super cycle is the MoASS. Because 5th waves are the largest in GME, we would have to consider that MoASS won’t be in this 3rd wave. That doesn’t mean we won’t have a nice run for some exits.
DWAC and LRC are infants in terms of time. Fundamentally DWAC will be the free speech platform once we’ve gotten rid of legacy media. LRC potentially will bring NFTs to the forefront with GME. So it makes sense they’re both long term plays.
I would encourage you to study the Rule of Time Alternation and wave Time Rule for Elliott waves. A good start is an amazing book “mastering Elliott waves with Glenn Neely” it’s loaded with some thick material but you’ll be able to walk away with Fibonacci ratios and mass psychology.
"Elliott discovered that the two unextended waves in an Impulse pattern often conform to the same time duration."
See these two pages:
https://imgur.com/a/UilOy8W
If you look in my chart, you’ll see 1777 days impulse and 4487 days correction, they relate by fib ratio of 0.38. You’ll also notice that GME is about to begin its 20 year anniversary, counting price action from February 2003. We’re right around the corner
1777days(time segment 1)is very different from 4487days(segment), by a factor of 2.5x(2.618 closest)
Going by the time rule I’ve boxed in red as well as item B.”If the second second is much longer in time than the first, the third segment will equal the first or relate by 61.8% or 161.8%”
Thus, 1777days puts us at February 17, 2025 if equal
1777x.618=1098days, April 6, 2023
1777x1.618=2875days February 17,2028
Applying rule of time alternation we choose the first two dates. Interestingly, if we add the two segments of time (1777+4487=6264days) x 0.2618 =1640 days September 29, 2024.
There’s much more to Time factor, but I’ll let you dive into the reading. 2024-2025 makes sense considering we are at 50% if public float locked. We may need to get to 74.1% float locked as RC has hinted 741.
If these patterns prove to be true. Then Future proves Past