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 ...
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 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 ...
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.
Bank of America's Corp.'s stock has how soared nearly 20% since the election, has nearly doubled off its February low, and has rocketed more than six-fold off its financial-crisis low, but it still ...
The Nio stock price has suffered a big reversal in the past few weeks as concerns about the Chinese electric vehicle (EV) ...
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.
While the markets and media were obsessed with last week's Fed nonevent, they missed a huge move in gold. In the run up to the FOMC meeting, gold was in the grips of a two-week slump. But right after ...