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RE: Steemit Crypto Academy Contest / S14W4 - Fibonacci Retracements

in SteemitCryptoAcademy10 months ago

You're right, Friend. The Fibonacci retracement levels are like helpful signposts that can show us where the price might take a breather or even change direction. Whether the market is going up or down, it's smart to have a plan in place. Buying at support levels during upward retracements and selling at resistance levels during downward retracements can help us navigate those market trends wisely. Thank you for your valuable comment.

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