Fibonacci Retracement Technical Indicator Explained

Fibonacci Retracement levels on crypto charts are calculated by the Fibonacci Retracement technical indicator

The Fibo Retracement levels are:

How Do I Calculate Fibonacci Retracement Areas on Bitcoin Charts?

• 23.60% Fibonacci Retracement Level
• 38.20% Fibonacci Retracement Level
• 50.00% Fibonacci Retracement Level
• 61.80% Fibonacci Retracement Level

Fibonacci Retracement Levels tool is drawn in direction of the bitcoin trend - drawn upwards in an upwards bitcoin trend and downward in a downward cryptocurrency trend.

Fibo Retracement Technical Indicator Described

Fibo Retracement Technical Indicator Described

Fibo Retracement levels calculated by the Fibonacci Retracement Technical Indicator

Fibo Retracement levels calculated by the Fibonacci Retracement Technical Indicator