Now, toconfirmthatwewillnotgetanotherlowandtoconfirmthatwebottomedrighthere, I needtosee a breakfirstabovethe 0.43 levelandthentoconfirmthatweareactuallygetting a thirdwavemovetotheupsidewhichwillgointhisregionrighthere, I need a breakabovethishighrighthereat 0.45 andthenabovethishighat 0.45.
So, atleastonthe 4-hourchart, wearecurrentlyoversoldontheRSI.
つまり、少なくとも4時間足チャートでは、現在RSIは売られすぎだ。
Well, wewereoversoldand I mean, ifwecheckoutwhathappenedtheprevioustimeswhenwewereoversold, forexamplehere, thepricewentupaboutlet's say 12% intwodaysandherewewentup 43% in 14 days.
So, I believethefirstwavemovetotheupsidetoppedrighthereanditwentupinfivewaveswhichisgoodandnow, I'm notsureifthemainsecondwavehasbottomedhere.
つまり、上昇への第1波はここで頂点に達し、5つの波で上昇したと私は考えています。
Itmighthavebottomedbuttoconfirmthatitbottomed, weneedtogetabovethisprevioushighat 81 centsandweneedtogoabovethishighandform a firstwavemovetotheupsideinfivewavesandthisfirstwavemovetotheupsidewillonlybethefirstwaveofthismainthirdwavethat I haveonthechart.
So, inmyopinion, there's still a lotoftimeleftinthiscycleatleastforCarbanoandthere's a bigchanceinmyopinionforthepricetodoanother 10x fromwhereweareatnow.
I mean, ifwekeepputtinginlowerlows, wearegoingtoinvalidatethisfirstwavemovetotheupsideatabout 22 cents.
つまり、このまま安値を更新し続ければ、この上昇への第一波の動きは22セント前後で無効になる。
So, wecannotreallyaffordtoputinmorelowerlowsand I reallywanttoseethepriceactuallydosomething.
だから、これ以上安値を更新するわけにはいかない。
Now, let's goonthemonthlychartfor a bit.
さて、月足チャートを少し見てみよう。
So, a newmonthjuststartedandasyoucansee, inJuneandJulyweactuallyclosedbelowtheyellowlineontheRSIwhichiskindofweird.
新しい月が始まったばかりだが、ご覧の通り、6月と7月はRSIの黄色い線の下で引けた。
Itdidnothappeninthepreviouscycle.
前のサイクルでは起こらなかったことだ。
Ifyoucanremember, I wascomparingthismoverighthere, thefirstwaveandthesecondwave, towhathappenedinthepreviouscyclerighthereandyeah, inthepreviouscycle, theRSIdidnotgobelowtheyellowlinebutinthiscycleitdidbut I don't knowifyoucanalsorememberbutinsomeofmypreviousvideos, I mentionedthatweweresupposedtogoupin a thirdwaverighthere.
So, thiswasthefirstwave, thenwegot a secondwavemovedown, thethirdwavestartedandmyopinionwassupposedtobreakabovethisprevioushighrightherebutthenthepandemicgottousanditprettymuchinvalidatedthefirstwavemovehighandwehadtorestartthiswholemove.
Now, I donotwanttoseethathappenbutifitdoeshappen, thenit's goingtobeverysimilartowhathappenedherebutyouhavetokeepinmindthatifwedothat, there's a bigchancethatweinvalidatethiswholefirstwavemovetotheupsidethatwegot.
So, andinthismovethathappenedrightherelooksverysimilartowhathappenedthere.
だから、ここで起こったこの動きは、あそこで起こったこととよく似ている。
So, rightnowwearestillabovetheyellowlineontheRSIandifwedodropbelowitagainandweclosebelowit, thenwemightdosomethinglikewedidoverhereanditmightdrop a bitmorebeforegoingaboveitagainandthendroppingbelowitagainandthenwe'llget a thirdwavemovetotheupside.