The weekly XRP/USD chart shows a long-term structure that mirrors the 2017 market cycle as XRP trades within a broad uptrend.
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 second is Fibonacci retracements. Gold has held the 38.2% Fibonacci retracement on each setback so far on this massive ...
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 ...
Fibonacci retracement levels are often useful in defining short- and long-term price trends for a stock or sector Technical analysis is an important aspect of stock and option trading methodology. In ...
Centuries ago, before there was any semblance of a stock market, one Italian developed a theory that would lay the groundwork for countless mathematical applications. Fibonacci retracements are ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
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 ...
Technical analysts often use Fibonacci retracement levels as targets when trading stocks. The key Fibonacci numbers are ratios derived from the Fibonacci series. A Fibonacci series starts with 0 and 1 ...