Yeah bro, it's default on the tradingview fibs I think (Unless I put it there?) ... 161.8, 200 and 261.8 seem to be the important ones. Price didn't just stop right there for the lulz!
2's in the fib sequence ... 50%'s aren't fib but everyone uses them
Edit: Actually they say 50 isn't one ... but they also say the 61.8 comes from dividing any number in the sequence by the next (get's more accurate as the numbers get higher) so 1,1,2,3,5 ...
Divide 1 by 2 and you get 50% ... it's all a crock of shit really, but it works lol
Yeah bro, it's default on the tradingview fibs I think (Unless I put it there?) ... 161.8, 200 and 261.8 seem to be the important ones. Price didn't just stop right there for the lulz!
2's in the fib sequence ... 50%'s aren't fib but everyone uses them
Edit: Actually they say 50 isn't one ... but they also say the 61.8 comes from dividing any number in the sequence by the next (get's more accurate as the numbers get higher) so 1,1,2,3,5 ...
Divide 1 by 2 and you get 50% ... it's all a crock of shit really, but it works lol
Self fulfilling prophecy!