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

3 answers

• Nov 28, 2021 · 3 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.
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• Nov 28, 2021 · 3 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.
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• Nov 28, 2021 · 3 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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