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Are there any tradingview fibonacci extensions specifically designed for identifying potential breakout levels in the cryptocurrency market?

avatarbusiNov 27, 2021 · 3 years ago3 answers

Can anyone recommend any tradingview fibonacci extensions that are specifically designed for identifying potential breakout levels in the cryptocurrency market? I'm looking for a tool that can help me analyze the price movements and identify potential breakout levels using fibonacci retracement and extension levels. It would be great if the extension tool can also provide alerts or notifications when the price approaches these breakout levels. Any suggestions?

Are there any tradingview fibonacci extensions specifically designed for identifying potential breakout levels in the cryptocurrency market?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, there are several tradingview fibonacci extensions that can be used to identify potential breakout levels in the cryptocurrency market. One popular extension is the 'Fibonacci Extension' tool available on the tradingview platform. This tool allows you to draw fibonacci retracement and extension levels on the price chart, and it can automatically calculate the potential breakout levels based on these levels. You can also set up alerts or notifications to be notified when the price approaches these breakout levels. Another option is the 'Fibonacci Breakout Indicator' developed by a third-party developer. This indicator is specifically designed to identify potential breakout levels using fibonacci retracement and extension levels. It provides clear visual signals on the chart when the price approaches these levels, making it easier to spot potential breakout opportunities. Overall, there are several options available on tradingview that can help you identify potential breakout levels in the cryptocurrency market using fibonacci extensions.
  • avatarNov 27, 2021 · 3 years ago
    Sure, there are a few tradingview fibonacci extensions that can be used to identify potential breakout levels in the cryptocurrency market. One option is the 'Fibonacci Breakout Levels' extension, which allows you to draw fibonacci retracement and extension levels on the chart and automatically calculates the potential breakout levels. Another option is the 'Fibonacci Breakout Zones' extension, which not only identifies potential breakout levels but also provides additional analysis and insights on the price movements. Additionally, you can also consider using the 'Fibonacci Trend Analyzer' extension, which helps you analyze the trend and identify potential breakout levels based on fibonacci levels. These extensions can be useful tools for traders looking to identify potential breakout levels in the cryptocurrency market.
  • avatarNov 27, 2021 · 3 years ago
    Yes, there are tradingview fibonacci extensions specifically designed for identifying potential breakout levels in the cryptocurrency market. One such extension is the 'Fibonacci Breakout Levels' extension, which is available on the tradingview platform. This extension allows you to draw fibonacci retracement and extension levels on the price chart, and it automatically calculates the potential breakout levels based on these levels. It also provides alerts and notifications when the price approaches these breakout levels, allowing you to stay updated on potential trading opportunities. Additionally, you can also consider using the 'Fibonacci Breakout Indicator' developed by a third-party developer. This indicator is designed to identify potential breakout levels using fibonacci retracement and extension levels, and it provides clear visual signals on the chart when the price approaches these levels. Overall, there are several options available on tradingview that can help you identify potential breakout levels in the cryptocurrency market using fibonacci extensions.