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When plotted to a price over an uptrend, traders can be used kufoin identify areas support levels that may be tested in case the market starts to retrace - hence stop-loss levels.
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How to use Fibonacci Retracement ?? [step-by-step] Fibonacci Trading Strategy - TradingView TutorialOn the bullish side, MATIC/USDT's immediate resistance stays at $ (% Fib level). A spike in Polygon demand can slice through MATIC. KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, Gari etc. ssl.icop2023.org � the-validity-of-fibonacci-retracements-in-crypto-trading.