cryptotradingmonster

cryptotradingmonster

The Fibonacci ratio of 0.618, often referred to as the "Golden Ratio" or the "Golden Mean," has several applications and is considered significant in various fields, including mathematics, art, design, and even nature. Here are some of the important aspects of the Fibonacci ratio: 1. Mathematics: The Fibonacci sequence is a series of numbers in which each number...

cryptotradingmonster

Fibonacci ratios are popular tools used in technical analysis for trading. They are based on the Fibonacci sequence, a mathematical sequence in which each number is the sum of the two preceding ones. The most commonly used Fibonacci ratios in trading are 0.618 (also known as the Golden Ratio) and its inverse, 1.618. Trend-based Fibonacci ratios are used to...