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# Fibonacci
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Lions_Lionish
In the world of trading, Fibonacci Retracement is a powerhouse tool used to identify hidden levels of support and resistance. It’s based on the idea that markets don't move in a straight line; they "breathe"—pulling back before continuing a trend.
1. How the Tool Works
Traders take two extreme points on a chart (a major high and a major low) and divide the vertical distance by the key Fibonacci ratios: 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
The "Golden Pocket": The area between the 61.8% and 65% levels is often considered the most significant zone where a price reversal is likely to happen.
50%
1. How the Tool Works
Traders take two extreme points on a chart (a major high and a major low) and divide the vertical distance by the key Fibonacci ratios: 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
The "Golden Pocket": The area between the 61.8% and 65% levels is often considered the most significant zone where a price reversal is likely to happen.
50%
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Discovery
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2026 GOGOGO 👊:🎯 TTP reveals AVAX could hit $78 targets if key clue plays out. This isn't hopium - it's based on technicals vs ETH and Total3 ratio analysis. The clue will shock you 👇
#AVAX #PriceTarget #Fibonacci #CryptoTargets #TechnicalAnalysis
#AVAX #PriceTarget #Fibonacci #CryptoTargets #TechnicalAnalysis
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