👉👈Relationship between Fibonacci numbers and cryptocurrencies.

The relationship between Fibonacci numbers and cryptocurrencies is neither coincidental nor esoteric: it is a powerful technical tool that many traders use to anticipate price movements and design visual strategies that generate debate and engagement.

🔢 What is the Fibonacci sequence?

• It is a mathematical series where each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13...

• From this sequence derive key proportions such as 0.618, 0.382, 0.236, which appear in natural patterns, art, architecture... and also in financial markets.

📈 Application in Crypto: Fibonacci as an emotional map of the market

1. Fibonacci Retracement

• It is used to identify levels where the price could correct before continuing its trend.

• Visual example: after a rise in BTC, the levels 0.382, 0.5, and 0.618 mark areas where traders expect bounces or accumulation.

2. Fibonacci Extension

• Projects possible bullish targets after a correction.

• Ideal for asking questions like: “How far can #Ethereum go if it breaks resistance?” → levels such as 1.618 or 2.618 are drawn.

#BinanceSquare #BinanceSquareTalks #Binance #Write2Earn $BTC $ETH $BNB