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I will show you how I personally use the Fibonacci Retracement tool for day trading and swing trading. The Fibonacci Retracement tool is very powerful in trading and I use it for Bitcoin, cryptocurrency and alt-coins. It can be used to find good trade entries and exits and can be used to longing or shorting the market.
The Fibonacci Retracement tool can be used in a lot of different ways, some traders are using it to find good entries, some traders are using it to find good exits and some traders use it for longer swing positions while some traders use it for shorter day trades or scalps. Fibonacci retracement is a very powerful tool for trading Bitcoin, crypto, forex and stocks. But since Fibonacci retracement is used by a lot of traders, it can also sometimes be abused by bigger traders or whales that can move the market a lot. I hope you enjoy the video about how I use the fibonacci retracement tool. Leave a like if you enjoyed the video!
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** DISCLAIMER **
Please be advised that I am NOT a financial advisor and nothing that I say is financial advice of any kind. What I say is just my personal experience and therefore, the content of my media is intended FOR GENERAL INFORMATION PURPOSES not financial advice.
Trading Bitcoin and cryptocurrencies is VERY risky, that’s why, if you don’t know what you’re doing, you might lose ALL of your portfolio. Make sure you are aware of the risks before you start trading. Be extremely careful if you’re not already an experienced trader.
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
Also, the profit calculator “Winrate.io” is made by me as a private developer and it might contain errors or missing details. Do your OWN calculations outside of “Winrate.io”. We DO NOT take responsibility for your losses.
This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.
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Music by: Streambeats / Harris Heller
#Bitcoin, #BTC, #Daytrading
Joel on Crypto