We have been working with a team for 2 years on a system based only on technical analysis and this system is called TrendFollowerStrategy.
In this system, we draw Fibonacci Circles and draw the Resistance (red) and Support (green) Channels using the circles, then we determine the fibonacci levels
BTC could not enter the resistance channel in volume, so it can be expected to come back to the support channel.
Support and resistance levels work as long as the channels are not broken, but whichever of the 2 channels is broken first, a new trend can start in the direction of the break.
The market acts only according to technical analysis, not with the guidance of twitter phenomena or signal sellers, so our aim is to make everyone love technical analysis and to learn
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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.