BTC FAN

18 dic 2024

This analysis utilizes the Fibonacci Fan tool to identify key support and resistance levels based on retracement and projection angles. The fan lines are drawn from a significant high or low point, aligning with major price trends to forecast potential turning points and confirm ongoing trends. By combining Fibonacci ratios with price action and other technical indicators, this approach helps refine entry, exit, and stop-loss strategies for trades. Suitable for both intraday and swing trading setups, the analysis is adaptable to various timeframes and market conditions.