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RE: Trading using Fibonacci Retracement Levels
hey dear @sahmie Great job explaining the concept of Fibonacci retracement and demonstrating its application on the BTC/USDT chart! Your detailed explanation and clear visuals make it easy for readers to understand how traders use this tool to identify potential support and resistance levels in both uptrends and downtrends. Keep up the excellent work...
Thank you so much for the kind words. I'm really glad that my explanation and visuals helped you understand the concept of Fibonacci retracement and its application on the BTC/USDT chart. It's all about identifying those support and resistance levels, whether the market is going up or down. I hope to keep up the good work too. Thanks again for the encouragement.