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Which cryptocurrencies have shown strong correlations with tradingview fibonacci levels in the past?

Sehested CrowleyAug 17, 2021 · 4 years ago3 answers

Can you provide a list of cryptocurrencies that have demonstrated significant correlations with tradingview fibonacci levels in previous instances? I am particularly interested in understanding which cryptocurrencies have shown a strong relationship with fibonacci levels on the tradingview platform.

Cryptocurrencies
Tradingview
Fibonacci Levels

3 answers

  • Gonzalo AguettiNov 23, 2021 · 4 years ago
    Certainly! In the past, several cryptocurrencies have exhibited strong correlations with tradingview fibonacci levels. Some notable examples include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have shown consistent patterns of price movements aligning with fibonacci retracement levels on the tradingview platform. It's important to note that correlations can vary over time and are not guaranteed to remain constant. However, analyzing historical data can provide insights into potential correlations between fibonacci levels and specific cryptocurrencies.
  • ArsenyJan 09, 2023 · 2 years ago
    Oh, definitely! There have been quite a few cryptocurrencies that have shown strong correlations with tradingview fibonacci levels in the past. Bitcoin (BTC) is one of the most well-known examples, as its price movements have often aligned with fibonacci retracement levels on the tradingview platform. Other cryptocurrencies like Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) have also demonstrated similar patterns. Keep in mind that correlations can change over time, so it's essential to continuously monitor and analyze the relationship between fibonacci levels and specific cryptocurrencies.
  • Rohan DhimanJul 11, 2023 · 2 years ago
    Absolutely! Based on historical data, we have observed strong correlations between tradingview fibonacci levels and certain cryptocurrencies. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are among the cryptocurrencies that have shown consistent relationships with fibonacci retracement levels on the tradingview platform. These correlations can be valuable indicators for traders and investors looking to incorporate fibonacci analysis into their strategies. However, it's crucial to conduct thorough research and consider other factors before making any investment decisions.

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