The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.

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