Dear community and my lovely followers, this analysis covers my previous one analysis about Gaussian channel and 1-7 step price action in 2015 and 2021-2022 bear markets. So if you read this one, don't miss the previous one as well. They are highly correlated. Pay attention that the same 1-7 price action movement happened bellow weekly super Guppy indicator. In 2015 when Price reached to upper red channel of Supper Guppy(#6) it dumped making double bottom(#7), now Price is approaching to the same red upper band of Supper Guppy which is about 24.5-25K(#6), which is also mid point of 5D gaussian channel(#6) + monthly diagonal resistance, range high+ 200 & 50 weekly EMA. A lot of confluences at the mentioned point . So it is less likely price will break the mentioned level at first attempt, So I expect 2015 scenario to be repeated and dumping to 18.5-19K making #7 movement and Higher Low.
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