[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 176 KB, 320x320, 2832655391430821467.jpg [View same] [iqdb] [saucenao] [google]
2553440 No.2553440 [Reply] [Original]

When you mastered how to use Fibonacci week ago and you see the pattern on almost every pumps n dumps

>> No.2553459

Please explain.

>> No.2553475
File: 53 KB, 300x448, IMG_0085.jpg [View same] [iqdb] [saucenao] [google]
2553475

>>2553459

>> No.2553515
File: 34 KB, 223x156, Ok+i+m+throwing+in+the+towel+and+cracking+what+the+_16f85d3851e8333488e15015b6333cdd.png [View same] [iqdb] [saucenao] [google]
2553515

anyone who knows how to use fibonacci retracement basically has 80% on winning on every pump and dumps I just found out how stupid i was before

>> No.2553771

pls explain noob here

>> No.2553845
File: 159 KB, 600x930, 4804750-600full-alexandra-daddario.jpg [View same] [iqdb] [saucenao] [google]
2553845

Everything on earth moves and grows according to the fibonacci sequence, from the rings in an oak to the shitcoin market, fibonacci retracement is using this concept to measure the waves and troughs of the market in order to predict what happens next

>> No.2553880

>>2553845
Well, duh. It's not that simple though; you haven't come across some mastering insight. You just developed your own strategy, congrats~

tfw u are fibonacci

>> No.2553908

>>2553440
wait until you find out about Benford's Law.

>> No.2553952

>>2553908
>Benford's Law
what dat iz nigguh

>> No.2554165
File: 56 KB, 610x418, worldmap.jpg [View same] [iqdb] [saucenao] [google]
2554165

>>2553515
Will more people knowing about this effect its efficacy?

>> No.2554243

>fibonacci retracement in 2017
LMAO prepare to get your ass handed to you. Do you really think the most basic ass technical analysis can compete with modern quantitative algorithms

>> No.2555025

>>2554243
>using modern quantitative algorithms on shitcoins
yeah, no ones doing that buddy. have fun scheming ur pump and dumps.

it's all intuition, luck, and a little bit of skill

>> No.2555130

>>2553459
Indians invented fibonacci

>> No.2555166

>>2555025
It's mostly not being a greedy fuck.
Sell when you've made a decent profit instead of "hodling for teh m00n"

>> No.2555241

>>2553459
https://en.wikipedia.org/wiki/Fibonacci_number