☄️ ☀️How To: Day Trade- The Fibonacci Retracement~ Part#1 ☄️ ☀️

in bitcoin •  7 years ago  (edited)

We are learning, and are going to share our process

This is the first huge indicator to get the hang of! The Fibonacci re-tracements. We suggest signing up for a free trial of Coinigy!
Its the best platform out there for trading crypto currency. Tis is our introduction video as we learn more, we will do screen shared videos of the time-lapse of our successful trades, you have to watch these like a hawk, so dont think its easy! But it can be done,,

Fibonacci Level History
These levels are derived from a number series that Leonardo Pisano Bogollo introduce to the West in the 13th century.
The sequence starts like this:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89...

Each new number is the sum of the two numbers before it. By performing various calculations a number of percentages are derived from the sequence. These percentages are called Fibonacci re-tracement levels in trading.

For example, a number divided by the next highest number produces 0.618 (not at the start of the sequence, but as the numbers progress). A number divided by the number two spots ahead produces 0.3820. A number divided by three places ahead produces 0.2360. Subtract 0.2360 from 1.0 and the result is 0.764. Note that 0.786 is also used, but in day trading these two levels will be so close together that it doesn't matter which you use.

Also, Remember to sign up to our websites Mailing list to stay up to date when your away from the computer!

Http://arcanebear.com

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cool stuff man

Sharing to get this seen for you!

Thank you, your always there sharing! We appreciate it

Going to go look up Coinigy now!

We are trying to find our refferal links!
YOu cannot trade directly through there, its only a charting platform~

Oh I totally understood ☺️ I registered already, I think my son will find it interesting as well!

Its awesome, there are many great tools, alerts and ways to see more in depth portions of your trading!

I just received the concierge intro. Thank you for this great link!

Great tips to those who like to invest and trade cryptos.

we will go more and more indepth soon!

Coinigy??