akbr
@akbr
How is Fibonacci relevant to financial markets? The Fibonacci sequence is relevant to financial markets because it is used to identify potential levels of support and resistance for a financial asset’s price. The sequence is derived from adding the previous two numbers to get the next number, starting from 0 and 1.
0 reply
1 recast
1 reaction
Sadegh Rezayi 🎩 🍖
@sadeghrezayi
Good explanation of a technical analysis approach Thanks 50 $degen
0 reply
1 recast
1 reaction
