Technical analysis by azrulizzaid1992 about Symbol BTC on 3/19/2025

//version=5strategy("Bollinger Retracement with RSI & S/R", overlay=true)// --- Bollinger Bands ---length = 20src = closemult = 2.0basis = ta.sma(src, length)dev = mult * ta.stdev(src, length)upperBB = basis + devlowerBB = basis - dev// --- RSI ---rsiLength = 14rsiOverbought = 70rsiOversold = 30rsiValue = ta.rsi(close, rsiLength)// --- Support & Resistance (Pivot Points) ---pivotLength = 5pivotHigh = ta.highest(high, pivotLength)pivotLow = ta.lowest(low, pivotLength)// --- ATR for Dynamic Stop Loss & Take Profit ---atrLength = 14atrValue = ta.atr(atrLength)stopMultiplier = 1.5tpMultiplier = 2.0// --- Long Entry Condition ---longCondition = ta.crossover(close, lowerBB) and rsiValue < rsiOversold and close <= pivotLowif longCondition strategy.entry("Long", strategy.long) strategy.exit("Take Profit", from_entry="Long", limit=close + (atrValue * tpMultiplier), stop=close - (atrValue * stopMultiplier))// --- Short Entry Condition ---shortCondition = ta.crossunder(close, upperBB) and rsiValue > rsiOverbought and close >= pivotHighif shortCondition strategy.entry("Short", strategy.short) strategy.exit("Take Profit", from_entry="Short", limit=close - (atrValue * tpMultiplier), stop=close + (atrValue * stopMultiplier))// --- Plotting ---plot(upperBB, color=color.blue, title="Upper BB")plot(lowerBB, color=color.blue, title="Lower BB")plot(pivotHigh, color=color.red, title="Resistance Level")plot(pivotLow, color=color.green, title="Support Level")