Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.

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.

Traders use technical indicators to gain insight into the supply and demand of securities. Here, we look at seven such ...