Is Fibonacci profitable?
I'm wondering if investing or trading based on the Fibonacci sequence can actually be profitable. I've heard a lot about it in financial markets, but I'm not sure if it's just a fad or if there's real merit to it.
Why is Fibonacci so famous?
The Fibonacci sequence is incredibly famous. I've heard of it in math, nature, and even in some arts and music. I'm curious, what makes this sequence so renowned and applicable in various fields?
Why do traders use Fibonacci?
Traders use Fibonacci because it provides a mathematical basis to identify potential support and resistance levels in the market. These levels, derived from Fibonacci sequences and ratios, help traders make informed decisions on entry and exit points, thereby enhancing their trading strategies.
Does Fibonacci work for Crypto?
I'm curious about the application of Fibonacci in the field of cryptography. I've heard about Fibonacci sequences before, but I'm wondering if they can be effectively used in crypto systems for security purposes.
What is so special about Fibonacci?
I'm curious about Fibonacci. What makes it stand out or unique compared to other mathematical concepts or sequences? Is there something inherently special or significant about it?