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 ...

Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...

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 ...

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 ...

BONK broke out of a descending wedge, reaching $0.00005906. The price retraced, consolidating within a descending channel. A breakout above $0.00003823 (0.5 Fibonacci retracement) could confirm ...

When it comes to individual stocks, I generally favor fundamental analysis over technical. It should be obvious that things like the prospects for the economy, the quality and popularity of a ...

The S&P 500 Index (SPX) continues to rally after the coronavirus market crash that started in March. The index, however, is running right into its 61.8% Fibonacci retracement level after being ...

ETH/USD rejects 61.8% retracement level. ETH/USD preparing for another strong bullish move. The extended bullish rally of the ETH/USD was capped down in the global market by the critical resistance ...

Bitcoin has had an impressive week, trading up over 3% from a low of $93,700 to a high of $97,865. As of Friday afternoon, it is retracing slightly, hovering around $96,600. While the momentum remains ...