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 ...
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.
Welcome to Episode #390 of the Zacks Market Edge Podcast. Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, ...
There are two methods we use at ONE44 to find support and resistance in the markets. The first are major Gann squares, these are the yellow horizontal lines on the chart. The second is Fibonacci ...
The charts below are key to this analysis. All of the Grains had been in a downtrend since 2023. This post will go over when that changed based on the Fibonacci retracement with the ONE44 rules and ...
Gold completed a 61.8% Fibonacci retracement today and it also popped briefly above the downtrend line. It is on track to close at resistance of the line. Today’s high was 1,949, which also put gold ...
Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century. However, Fibonacci's ...
I've been keeping an eye on this pattern for some time, and have written on it before. But now we are imminently approaching a major 50% retracement test on the S&P 500 Index (SPX) (SPY). Take a look ...
Shares of Tesla Inc. rallied Monday to a fourth-straight gain, but could not sustain the rally that carried them above a key Fibonacci retracement threshold for most of the day. The electric vehicle ...
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 ...