Learn how Fibonacci retracement levels help crypto traders find ideal entry and exit points, manage risk, and trade trends effectively.
With the S&P making new market highs there are limited traditional market levels to look for overhead resistance. We examine the use of Fibonacci Price Extensions. Fibonacci Price Extensions suggests ...
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 ...
Crypto trading charts, such as line charts, bar charts and candlestick charts, show how crypto prices and other information changes over time. Understanding how to read cryptocurrency charts for day ...
As bitcoin (BTC) continues to trade flat in the $116,000-$120,000 range, the monthly chart shows $122,056 as key resistance that needs to be breached to confirm continuation of the bull run. That ...
The weekly chart of Mosaic Company (MOS) reveals an important technical development just as the company heads into its earnings report. Mosaic has been in a prolonged downtrend since its April 2022 ...
Bitcoin's bull run appears to be in full swing amid a broader consensus that 2021 could bring more significant gains. The question now for market participants is how high the cryptocurrency could go ...
That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...