Which cryptocurrencies have shown a correlation with fib circles in their price movements?

1 answers

• Jan 14, 2022 · 3 years ago
  Based on my experience at BYDFi, I have observed that certain cryptocurrencies have shown a correlation with fib circles in their price movements. This pattern is often used by traders to identify potential levels of support and resistance. Some cryptocurrencies that have demonstrated this correlation include Bitcoin, Ethereum, and Ripple. However, it's important to approach this analysis with caution and not solely rely on fib circles for investment decisions. It's always recommended to consider multiple factors and conduct thorough research before making any investment decisions.
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