Good day am glad to be part of this Academy and to be performing this Homework Task. Thank you Professor @imagen for the tutoring.

QUESTIONS

1.) Who was Fibonacci? What were his most important contributions in the field of mathematics?

2.) Describe in depth the Golden Ratio. How is it obtained? Where is it located? Give examples of your application through history.

3.) Describe how Fibonacci is used in Tradigviews. Show screenshots

4.) Make an investment of at least $ 10 (show screenshots). Determine Fibonacci levels with a timeframe of 4 hours for a period of 48 hours. Identify possible support and resistance levels for that time period. Show screenshots at 24 and 48 hours.

5.) What are Fibonacci extensions?

6.) Conclusions

INTRODUCTION

The know of history is so important in our day to day activities, this will help us to determine the future occurances this is why is course is so important.

1.) Who was Fibonacci? What were his most important contributions in the field of mathematics?

Leonard of Pisa or Fibonacci assumed a significant part in restoring old arithmetic and made huge commitments of his own.

Source

Leonardo Pisano is better known by his epithet Fibonacci. He was the child of Guilielmo and an individual from the Bonacci family. Born in the year 1170 in Pisa the present day Italy and Died in the year 1250 in Pisa too the present day Italy.

What were his most important contributions in the field of mathematics?

Fibonacci contributions to the world of mathematics includes;

• In his book, "Liber Abaci," he presented the Hindu-Arabic spot esteemed decimal system and the utilization of Arabic numerals into Europe.

• He presented the bar that is utilized for divisions today; past to this, the numerator had citations around it.

• The square root documentation is likewise a Fibonacci strategy.

2.) Describe in depth the Golden Ratio. How is it obtained? Where is it located? Give examples of your application through history.

There is an extraordinary proportion that can be utilized to depict the extents of everything from nature's littlest structure blocks, like iotas, to the most exceptional examples in the universe, similar to the unbelievably enormous divine bodies. Nature depends on this intrinsic extent to keep up with balance, however the monetary business sectors additionally appear to adjust to this "brilliant proportion." Here, we investigate some specialized examination apparatuses that have been created to exploit the example. Furthermore, the Golden Ration examines;

*The ratio is gotten from something many refer to as the Fibonacci grouping, named after its Italian founder, Leonardo Fibonacci.

• Nature utilizes this ratio to keep up with balance, and the monetary business sectors appear to also.

• The Fibonacci grouping can be applied to fund by utilizing four principle procedures: retracements, arcs, fans, and time regions.

The Location Of Golden Ratio

Image Source

As verified over, the specific brilliant proportion point is 111.246… , or 21.246… degrees from the equator. The scope of Mecca's northern most boundary is 21.592 degrees, and the scope of Mecca's southern-most line is 21.278 degrees.

Give examples of your application through history.

Image Source

The Fibonacci grouping can likewise be found in the manner tree limbs structure or split. A principle trunk will develop until it delivers a branch, which makes two development focuses. Then, at that point, one of the new stems branches into two, while the other one untruths torpid. This example of fanning is rehashed for every one of the new stems. A genuine model is the sneezewort. Root frameworks and even green growth display this example.

3.) Describe how Fibonacci is used in Tradingviews. Show screenshots
Fibonacci retracement levels demonstrate levels to which the cost could remember prior to continuing the pattern. It's a basic division of the upward distance between a critical low and a huge high (or the other way around) into areas dependent on the vital proportions of 23.6%, 38.2%, half and 61.8%.

Edited with iMarkup

Value will in general return to these levels prior to proceeding with the dominating pattern. Fibonacci augmentation levels demonstrate levels that the cost could reach after an underlying swing and retracement

4.) Make an investment of at least $ 10 (show screenshots). Determine Fibonacci levels with a timeframe of 4 hours for a period of 48 hours. Identify possible support and resistance levels for that time period. Show screenshots at 24 and 48 hours.

ETH/USDT

Water Mark with Imarkup

The support is the green line which is 1724.10$ Eth vs USDT. Based on the chart, a roof was made, ETH was seen to have a good support 1724.10$. At the time of this, the price of eth is at 3226.59$. Now a possible pool back is likely to occur to about $2890.55, so therefore I am entering this trade around $3140 and my first resistance is at 3585.11, and my second resistance is at $4000.

5.) What are Fibonacci extensions?

Extention levels are additionally potential regions where the cost might invert.

Extensions are drawn on a graph, checking value levels of conceivable significance. These levels depend on Fibonacci ratios (as percentage) and the size of the value move the indicator is being applied.

There is no formula for Fibonacci Extension. When indicator is applied to the chart, the trader choses the three points.

When you want to calculate Fibonacci Extension, multiply the contrast between focuses one and two by any of the proportions wanted, for example, 1.618 or 0.618. This gives you a dollar sum.

On the off chance that projecting a value move lower, take away the dollar sum from stage one from the cost at point three.

Conclusions

The know of Fibonacci retracement is very important but at the point of use, it is important not to use it along as the case with order indicators too so as to reduce the level of error.

Thank you Professor @imagen for going over my work

---

Best Regards
@charis20