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 ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Learn how the Gartley pattern, a key harmonic chart pattern using Fibonacci ratios, helps traders identify potential market highs and lows for informed trading decisions.
I've been keeping an eye on this pattern for some time, and have written on it before. But now we are imminently approaching a major 50% retracement test on the S&P 500 Index (SPX) (SPY). Take a look ...
Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels. XRP reached a peak of $3.40 in ...
Descending channel structure dominates price action Fibonacci retracement levels acting as key inflection points Elliott Wave ...
Is the S&P 500 index’s recent rally real, or is it just a bear-market bounce? That’s always a question investors have when the market is rising after a significant selloff. Given all the uncertainty ...