In this video I show how to use Fibonacci Retracement on cryptocurrency charts. Many people have their own style and uses for this tool, but I have outlined how I like to use it, and the specific levels I like to target.
Investopedia article referenced in video:
https://www.investopedia.com/ask/answers/05/fibonacciretracement.asp
This is the 4th video in this playlist on learning how to chart cryptocurrencies. Please check out the previous videos on candlesticks, navigating TradingView, and Moving Averages.
Hi, this is the Blockchain Backer, bring you the latest crytocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.
Disclaimer: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions.
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