Bitcoin has been struck around resistance at the 78.6% Fibonacci retracement for the past four days as it attempts to break higher and further its advance. The high from the rally off the recent ...
The Gartley pattern, a powerful harmonic chart pattern, holds the key to identifying potential market reversals. Unlocking the secrets of this pattern can significantly enhance your trading skills, ...
[SINGAPORE] The Nasdaq-100 index remains firmly in an uptrend, trading close to key Fibonacci extension levels from its February to April swing. As of early October, the index is hovering around ...
That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...
XRP completed a W-X-Y corrective pattern at major support. Breakout from the descending wedge could initiate a bullish wave. Fibonacci extensions suggest upside targets above $3.50. Ripple (XRP) has ...
EUR/JPY remains in a durable daily uptrend; as long as price holds above 177.60–178.00, the path of least resistance is higher toward 179.70, 180.10 and potentially 180.75 where Fibonacci extensions ...
Fibonacci ratios are widely used to develop price targets for retracements on countertrend moves. A Fibonacci retracement will help spot support levels in an uptrend or resistance in a downtrend.