#BONK #STEEM Greetings to the amazing Steemit Crypto Academy community! As we embark on the 4th week, a big thank you to all participants who have been with us on this journey. For those yet to join, come be a part of Season 14 challenges; let's make this learning adventure together!
🌐 **Contest Theme: Fibonacci Retracements**
Understanding market situations is crucial for traders, and Fibonacci Retracements offer insights for predicting support, resistance, and market entries/exits. This week, we want you to explore and interpret this indicator on the STEEM/USDT chart.
🤔 **What to Cover in Your Article:**
- Define Fibonacci Retracements and their purpose.
- Explain key Fibonacci levels.
- Illustrate with a STEEM/USDT chart – show how Fibonacci retracements work.
- Discuss advantages and disadvantages.
🚀 **Contest Guidelines:**
- Submit your articles in the Steemit Crypto Academy community by December 24, 2023.
- Articles must be a minimum of 500 words, plagiarism-free, and titled: "Steemit Crypto Academy Contest / S14W4 Fibonacci Retracements." Add the tag #cryptoacademy1 and relevant tags.
- Engage with the community – aim for 10 upvotes and 5 valid comments on your article.
💰 **Rewards:**
Outstanding content will be upvoted, and the top 3 performers may receive votes from SC01/SC02. Note: Quality engagement matters!
👋 **Conclusion:**
Analyzing Fibonacci retracements empowers traders to make precise market decisions. Best of luck this week – may success be yours!
Join us on this exciting learning journey, and let's make Season 14 memorable together! 🌟
#BONK #STEEM #INJ $BTC $STEEM $BONK