Fibonacci is a tool used by smart traders and even some people to find levels where price might bounce or reverse.

It’s based on a magical number sequence:

0 → 1 → 1 → 2 → 3 → 5 → 8 → 13 → 21… and so on.

Why does this matter?

Because in nature, crypto, stocks, and maybe even in your dating life things often move in predictable ratios.

The most important levels are

🔸 23.6%

🔸 38.2%

🔸 50%

🔸 61.8% My Choice.

🔸 78.6%

These levels tell us where price might retrace before continuing his journey and where need to stop at a gas station before a road trip.

How Do I Use Fibonacci?

Think $ETH pumped from $2000 to $3000. You put your Fibonacci retracement tool and draw it from bottom to top.

Now watch If price drops to 61.8%, many traders look for a bounce there.

It’s like the friend zone of crypto, price loves visiting it but often leaves fastly.

Questions

Q: Can Fibonacci levels guarantee a trade will work?

A: No. If it did, I’d be on a yacht drinking coconut water, not writing this.

Q: Should I trade only based on Fibonacci?

A: Not unless you enjoy pain. Combine it with price action, support/resistance or Prayer.

Q: Why does 61.8% work so well?

A: That’s the golden ratio found in nature. Even your ear is shaped by it. So if the market moves like your ear respect it.

Example

You go on a date. She ghosts you.

You text her again — she replies (23.6%)

You meet for coffee — she shows interest (38.2%)

You buy dinner — she smiles (50%)

You propose — she says maybe (61.8%)

Then… she marries your friend. (100% reversal)

Welcome to Fibonacci dating strategy.🤣

My Opinion

Fibonacci works best when others are watching it. It’s not about math magic it’s about crowd behavior.

If millions of traders expect a bounce at 61.8%, chances are… there might actually be a bounce.

What to do

✅ Use Fibonacci to spot bounce/retest areas

✅ Combine it with trendlines, S&R, and patterns

✅ Don’t blindly enter, wait for reaction

✅ And always respect the golden 61.8% like your mom’s advice 😌

So this is all of today

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