August 8 (Fri): [Harmonic] Nikkei 225 vs. Bitcoin
[Notice]
From 7/23 to 8/11 I will be returning to my parents-in-law's home and accompanying my son to his baseball training camp.
During weekdays, newsletter publication will continue as usual, but please understand that replies via email may take some time. m(_ _)m
This time
'Bitcoin'
vs. comparison will be made.
[Overall Scenario Probability]
This week's overall market is...
"Rising: 45% / Falling: 55%"
*Bitcoin decline hints are spreading across the whole market.
*Presented as a reference level.
[This Week's Market Focus Points]
In Bitcoin's 4-hour chart, a new Bat pattern has formed and reached a significant PRZ. Additionally, in the daily and weekly charts, a Shark pattern has been drawn upward, strongly suggesting the possibility of the price moving downward in the future.
In contrast, the Nikkei 225 does not show a clear harmonic pattern, and there is little clear market direction. US 10-year Treasury yields and Gold also continue to show downward patterns, giving an overall sense of a bearish bias. Since Bitcoin patterns can lead other markets, using this as a clue to read this week's market turning point will be key.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please click here ↓
● Use "The Definitive Guide to the Bollinger Bands" to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use "The Prescription for Harmonics" to draw a Zone where charts should stopZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following is restricted to members.)