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.
As Bitcoin sets its sights on reclaiming the $100k mark, a trading expert has warned that the crypto is likely to face ...
In case you missed it, last week we featured a story entitled A Look At Cryptocurrency Trading from a 20 Year Old Millennial’s Perspective. If you haven't already read it, we strongly encourage that ...
Stephens, co-leader of the Trading Room advisory service who uses Fibonacci strategies, told attendees at the recent Las Vegas MoneyShow that they should create a ...
This article was originally published on ETFTrends.com. Per Investopedia, a Fibonacci retracement is “is a term used in technical analysis that refers to areas of support (stops going lower) or ...
We all are familiar with concept, “What goes up must come down,” as it is applied to the force of gravity that keeps us tethered to our planetary home. However, this law has other applications as well ...
The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant ...
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 ...
In forex trading and analysis, the primary purpose of Fibonacci analysis is to determine potential retracements within trends. Trends move in one general direction, up or down, but there are always ...
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