BTCUSDT - Range as of 23 March 2025 - Fib Channel Lets have some fun!
Ok, A B C - Fib channel pulled from A to B to C.
Flat parallel channel pulled from the obvious range high to low. Dotted white line 0.5 (mid way).
Standard fibs:
0.383 to 0.618 resistance.
Look back. -> What was resistance now will = support and visa versa.
And
Current 0.236 seems we've broken out and up so taking it as breaking a level of resistance into an uptrend!
And parallel channel 0.5, were above...
Fib based channel I learned from Chart Champions. <3
Just an idea.