Cryptocurrency Fibonacci Signal

Cryptocurrency Fibonacci Signal by Kriptomist
Description:

This indicator provides smart Buy and Sell signals based on Fibonacci retracement levels, specifically tailored for the high-volatility nature of cryptocurrency markets.

It automatically detects key Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786) and generates entry/exit signals when price action confirms reversal or breakout behavior around those zones.

Core Features:

🔹 Auto Fibonacci Detection
No need to draw manually — the indicator adapts to recent swing highs and lows and adjusts levels dynamically.

🔹 Buy/Sell Signals
Smart logic to detect reversal candlesticks and momentum confirmation near Fibonacci levels.

🔹 Multi-Timeframe Compatible
Works seamlessly on all timeframes (scalp to daily) and with all crypto assets including BTC, ETH, and altcoins.

🔹 Signal Alerts Ready
You can set up TradingView alerts for buy/sell signals for 24/7 monitoring.

🔹 Clean Visuals
Minimalist design with colored signals and level lines for clear decision-making.

Use Cases:

Identify low-risk entry points during pullbacks

Ride breakouts from key Fibonacci levels

Spot reversals on high-probability retracement zones

Combine with RSI, MACD, or EMAs for confluence strategies

How it works:

The script identifies the latest swing high and low

Plots Fibonacci levels accordingly

Generates Buy signals on bullish confirmation near 0.5/0.618 retracement

Generates Sell signals near resistance zones or on trend exhaustion

⚠️ Always backtest before live trading. This tool is for educational and analytical purposes.

For access to PRO settings, private signal groups, or one-on-one setup support, contact the script author.