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.

When used correctly, Fibonacci retracement levels can help crypto traders spot entry and exit points, making it a valuable component of a comprehensive trading strategy.

Today, he mainly trades crude oil, gold, and currencies using a technical-analysis tool called Fibonacci retracement. He's also a teacher and coach helping others learn how to chart at HowToTrade.com.

You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines.

Bitcoin may be suffering through a big selloff, but when comparing it with the big post-election rally, the glass remains more than half full. Bitcoin wa ...