RE: Steemit Crypto Academy Contest / S14W4 - Fibonacci Retracements
Greetings...
You have done well by giving a full overall explanation on the Fibonacci retracements abnd how it works on the various charts. You greatly answered the questions for this topic..
Your thoughts on the tool of Fibonacci retracements is very simple and easy to understand. The Fibonacci retracements are one of the best tools that is been used in the market space today by traders to determine entry and exit points.... It's just one of the major as well s best instruments used by various stock market participants to predict potential future stock price movements and points of entry and exit.
The FB retracements is truly like a special tool that helps you get three key spots on your map when you're on a treasure hunt in a video game....
You gave a clear view and description of how an FB retracements will work on a cryptocurrency pair. It would have been nice to see an image to represent that... Nevertheless, it's much Very Okay...
Thanks for sharing and good luck with the challenge......