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RE: Steemit Crypto Academy Contest / S14W4 - Fibonacci Retracements.
Absolutely! Recognizing those consolidation patterns and understanding the intricacies of price movements is key. Fibonacci retracement tools indeed play a crucial role in identifying potential pullbacks and reversal points. Keep trading smart!
I have also participated in the contest, do well to check it out and engage. My post link to the contest.