The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The key Fibonacci percentages help traders identify support and resistance levels As new traders flood the market, a return to the basics may help novices understand the fundamentals of options ...
The second is Fibonacci retracements. Gold has held the 38.2% Fibonacci retracement on each setback so far on this massive ...
Dogecoin looks set to break out of a major Fibonacci retracement level on the weekly chart, which historically served as resistance. Crypto Surf, a prominent market analyst, called the public's ...
The S&P 500 has tested the 0.5 Fibonacci Retracement. Most bear markets end when the 0.5 retracement is successfully breached. Leading indicators suggest that the bottom is not in for the S&P. The ...
ETH faces resistance at $4,075; a pullback may follow. Key support lies between $3,669 and $3,215 Fibonacci levels. Momentum weakens with RSI, indicating correction risk. Ethereum recently rallied to ...