Yes, Fibonacci Works in BTC Futures!

Note that simple symmetry support along with a 1.618 extension of a prior swing identified the 61970-62405 area of support as a key decision as it included 3 price relationships in a relatively tight zone.  

I can't tell you that I predicted the type of rally we got off this area, but the support held beautifully and with this really we cleared quite a bit of overhead resistance within the last few trading days.  

Remember the way we use Fibonacci is we identify a setup such as a price cluster.  If the setup zone holds, we go down to a lower time frame to look for a buy trigger.  A trigger is basically the 8/34 ema crossover to the upside on a lower time frame chart.  I will consider a trade setup a bust if the price support zone is violated by a decent margin!  

For more info please see our strategy page.