Which cryptocurrencies have shown historical support or resistance at Fibonacci levels?

1 answers

• Nov 29, 2021 · 3 years ago
  Certainly! There are several cryptocurrencies that have shown historical support or resistance at Fibonacci levels. Bitcoin, Ethereum, and Ripple are among the most prominent ones. These digital assets have exhibited price movements that correspond to Fibonacci retracement levels, indicating that traders and investors have taken these levels into consideration. However, it's worth noting that Fibonacci levels should not be solely relied upon for making trading decisions. They should be used in conjunction with other technical analysis tools and indicators to increase the accuracy of predictions and reduce the risk of false signals.
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