Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...
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 ...
Natural gas further retraces the pullback started last week off a high of 2.69 hit on Friday. The day ended with a bearish shooting star candlestick and followed through to the downside today. A 50 % ...
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“Fibs Don’t Lie,” Analyst Eyes Explosive Dogecoin Breakout Above Historic Fibonacci 0.618
Dogecoin looks set to break out of a major Fibonacci retracement level on the weekly chart, which historically served as resistance. Crypto Surf, a prominent market analyst, called the public's ...
After holding a 38.2% level (106,350) level of a bigger range, only getting up to 38.2% of the smaller range is not a good sign at 112,250 and this will again be the key level for the week. Use ...
The S&P 500 just needs a little push to pull off a major technical comeback. Using closing prices, the S&P 500 fell 1,161.38 points, from its Feb. 19 record close of $6,144.15 to its April 8, one-year ...
Bitcoin may be suffering through a big selloff, but when comparing it with the big post-election rally, the glass remains more than half full. Bitcoin was recently shedding about 3% to $88,901, which ...
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