How does the 50 retracement rule affect cryptocurrency price movements?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we also take the 50 retracement rule into consideration when analyzing cryptocurrency price movements. However, it's important to note that this rule is just one of many tools and indicators that we use. We also consider other factors such as market sentiment, fundamental analysis, and news events. It's always important to have a comprehensive approach to trading and not rely solely on one rule or indicator.
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