This article delves into how Fibonacci retracement works, its application in crypto trading, and real-world examples of how traders use this tool to improve their trading outcomes.

What Is Fibonacci Retracement and How to Use it Fibonacci retracement is a technical analysis tool used to identify potential levels of support and resistance during a price pullback.

Plotting Fibs on Your Charts The Fibonacci price levels on a chart are referred to as Fibs. Many charting packages have drawing tools that include Fib retracement.

When following the ONE44 Fibonacci rules and guidelines we know, The 38.2% retracement is the single most important level and is the one ...