Cryptocurrency Q&A What do Fibonacci levels tell you?

What do Fibonacci levels tell you?

Martino Thu Nov 07 2024 | 7 answers 1638

Fibonacci levels are technical analysis tools used in trading to identify potential support and resistance levels based on key Fibonacci ratios. These ratios, derived from the Fibonacci sequence, help traders predict price movements and make informed decisions. What do Fibonacci levels tell you?

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What do Fibonacci levels tell you?

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