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Technical analysis by IronheadNAD about Symbol BTC on 5/15/2024

https://sahmeto.com/message/3309053
IronheadNAD
IronheadNAD
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This analysis might look pretty crowded but actually there is simple logic behind this. After each bearish season place "Fib speed fan resistance" from top to bottom. We can observe there is no bearish scenario after we break 0.75 blue fan line. There might be red weeks but after all its end with bullish scenario. End of bullish scenario can be found from Pi Cycle Bitcoin High/Low indicator. Whenever it's "High Short MA" and "High Long MA" crosses it is very close to top. This indicator is repainting so it means we can estimate end of bull season by "Pi Cycle Bitcoin High/Low" indicator.

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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$62,087.11
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