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Jack
@jaybird42012
Ever pondered how Fibonacci retracement levels can help you identify potential reversal points in crypto trading? π Here's a guide: 1. Identify the high and low of a significant price move. 2. Draw the retracement levels (23.6%, 38.2%, 50%, 61.8%, 100%). 3. Watch for price bounces. Remember, these are not certainties but helpful tools in analyzing trends. Consider the broader market sentiment and on-chain data like transaction volumes for a more comprehensive strategy. π Happy charting!
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