BTC always ends bull run between fib 2.272 and 2.382. Also double top always occurs on RSI (yellow line = first peak resistance; red line = second peak resistance).
4 stages of growth in a single cycle:
1st: breakthrough resistance of previous ATH
2nd: stop at 1.414 fib
3rd: stop at 1.618 fib
4th: reach ATH of current cycle
4 stages of growth in a single cycle:
1st: breakthrough resistance of previous ATH
2nd: stop at 1.414 fib
3rd: stop at 1.618 fib
4th: reach ATH of current cycle
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.