RE: Bitcoin and the Golden Ratio

You are viewing a single comment's thread from:

Bitcoin and the Golden Ratio

in bitcoin •  7 years ago 

Its works but i still dont know why.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Self-fullfilling prophecy? Traders that watch out for 'Fibonacci' levels - the golden ratio is one of the most important of the fib levels. But when you compare the lines on the charts for the 1.666 they look like a standard costume, while those of the 1.618 look more like a tailor made costume.