Fibonacci Expansions and Extensions can be great leading indicator of price targets once a Retracement level is honored. Deciding which tool to use is a personal choice for price targets as both ...

Fibonacci Price Extensions can be seen as the blue horizontal levels marked on the chart with the Fibonacci Time Extensions shown by the red and blue vertical lines.

Bitcoin price has continued to draw attention as the market reacts to fresh catalysts. At press time, BTC price trades at $112,604, recording a 1.62% gain ...

Meanwhile, the 1-hour chart hints at the beginning of a new impulsive wave, targeting higher Fibonacci extensions. This analysis breaks down both the broader price trend and the short-term outlook.

The challenge lies in picking the most relevant price points while drawing Fibonacci extension and retracement levels. "It's more of an art than science," Noble said.

While Fibonacci ratios are often used to identify retracements, they are also very useful in finding price targets when applied as an extension to the price trend.

{chart} USDJPY is reversing from swing high resistance, where we could see further downside as Stochastics is also showing potential for bearish pressure. A break and close below the Pivot, in line ...

SOL/USD 15min chart Alternatively, if SOL breaks above the triangle, it could signal the continuation of a bullish trend, initiating a new impulsive wave. Fibonacci extensions project possible ...