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Crypto Trading The Fibonacci Retracements.
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Crypto Trading The Fibonacci Retracements.
Any further downfall could start to reflect a weakening in buyer conviction, signaling a potential shift in market sentiment. This pullback brought the cryptocurrency down to a critical support zone, marked by the Why are Fibonacci retracements important? Fulcrum Point: What It Means and How It Works The fulcrum point in financial markets refers to a major change in direction for a security or the economy in general. Instead, centuries before Leonardo Fibonacci shared it with western Europe, it was developed and used by Indian mathematicians.