Cryptocurrency Q&A
What is the gold Fibonacci level?
What is the gold Fibonacci level?
Michele
Thu Nov 14 2024
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6 answers
1330
I don't understand this question. Could you please assist me in answering it?
6 answers
DreamlitGlory
Sat Nov 16 2024
The "golden" Fibonacci ratio of 61.8% has a unique mathematical origin.
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CrystalPulse
Sat Nov 16 2024
It is derived by dividing a number in the Fibonacci series by the subsequent number.
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HanjiHandiwork
Fri Nov 15 2024
For instance, if we take the numbers 89 and 144 from the Fibonacci sequence.
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Alessandra
Fri Nov 15 2024
Dividing 89 by 144 results in approximately 0.6181. 5. This ratio is widely recognized and applied in various fields.
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Giulia
Fri Nov 15 2024
Another significant ratio derived from the Fibonacci series is 38.2%.
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