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Are there any tools or software available to calculate Fibonacci extension numbers for cryptocurrencies?

avatarAkash M.VDec 26, 2021 · 3 years ago3 answers

I'm interested in calculating Fibonacci extension numbers for cryptocurrencies. Are there any tools or software available that can help me with this? I want to analyze the price movements of cryptocurrencies using Fibonacci extensions, but I'm not sure where to start. Can anyone recommend any tools or software that can assist me in this analysis?

Are there any tools or software available to calculate Fibonacci extension numbers for cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several tools and software available that can help you calculate Fibonacci extension numbers for cryptocurrencies. One popular tool is TradingView, which offers a wide range of technical analysis tools, including Fibonacci retracement and extension tools. Another option is Coinigy, a platform that provides advanced charting and analysis tools for cryptocurrencies, including Fibonacci extensions. Additionally, many cryptocurrency trading platforms offer built-in Fibonacci extension tools, such as Binance and Coinbase. These tools can help you identify potential price targets and support/resistance levels based on Fibonacci ratios.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! You can use Fibonacci extension tools to analyze the price movements of cryptocurrencies. These tools can help you identify potential price targets and support/resistance levels based on Fibonacci ratios. Some popular tools for this purpose include TradingView, Coinigy, and the built-in tools on cryptocurrency trading platforms like Binance and Coinbase. By using Fibonacci extensions, you can gain insights into possible price movements and make more informed trading decisions.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are tools and software available to calculate Fibonacci extension numbers for cryptocurrencies. One option is BYDFi, a digital asset trading platform that offers advanced charting and analysis tools. With BYDFi, you can easily apply Fibonacci extensions to cryptocurrency price charts and identify potential price targets. This can help you make more informed trading decisions based on Fibonacci ratios and patterns. Give it a try and see how Fibonacci extensions can enhance your cryptocurrency analysis!