I'm interested in understanding the computation process of Fibonacci crypto. Could you explain how it's calculated or provide steps to do so?
6 answers
SumoMight
Wed Nov 06 2024
Once these two points are identified, the vertical distance between them is divided by the key Fibonacci ratios.
CryptoKing
Wed Nov 06 2024
Fibonacci price levels serve as a crucial tool in technical analysis.
emma_grayson_journalist
Wed Nov 06 2024
The most commonly used Fibonacci ratios are 23.6%, 38.2%, 50%, 61.8%, and 100%.
Nicola
Wed Nov 06 2024
These levels are derived by tracking the primary movement of a price and its subsequent retracement.
henry_taylor_architect
Wed Nov 06 2024
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