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.
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.
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 ...
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 ...
In an interview with Benzinga, Carolyn Boroden of the trading education site Simpler Trading discussed her story of becoming a technical analyst. Boroden is an analyst who specializes in Fibonacci ...
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 ...
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 ...
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 ...
As Bitcoin sets its sights on reclaiming the $100k mark, a trading expert has warned that the crypto is likely to face ...
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 ...