thank you very much khufu, no problem! In simple the Fibonacci is there to give you an idea on the probable places the price of the asset is likely in the foreseeable future. These percentages can help indicate high-risk entries to the market and low-risk entries to the market. In this case, the Fibonacci correlates with the price of $250, which is a good sign to see. thanks for your comment :) Sent you a little Steem ;) More on the Fibonacci - https://en.wikipedia.org/wiki/Fibonacci_retracement